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A tanker manufactured by Ashok Leyland on the Indian roads
© Ashok Leyland
Indiaís Ashok Leyland invests in Germanyís Albonair

June 19, 2008

India’s second-largest commercial vehicle manufacturer, Ashok Leyland Ltd, has made a strategic investment in Germany-based Albonair GmbH for the development of vehicle emission treatment systems and products.

“Ashok Leyland has made a strategic investment in Albonair GmbH for development of vehicle emission treatment or control systems and products,” the company said in a filing to India’s stock exchange.

Ashok Leyland, with an annual turnover of €1.3 billion, is the flagship company of London-based Hinduja Group. Leyland is one of India’s leading manufacturers of buses, trucks and defence vehicles. About eight out of 10 buses in Indian cities are made by Leyland.

Albonair is part of the Hinduja Group and an associate company of Ashok Leyland located at Dortmund in Germany. It focuses on the development, production and sale of exhaust after-treatment systems for environment-friendly diesel engines.

In July 2007, Ashok Leyland had signed a joint venture with Germany’s Siemens VDO Automotive AG to design, develop and adapt infotronics products and services for the transportation sector.

Earlier, Leyland and Siemens have worked together as consortium members in the Chennai Metropolitan Bus Terminus project to provide state-of-the-art Telematics solutions for the Tamil Nadu State Transport Undertaking.

Leyland had also joined hands with Germany’s Bosch to sign a Memorandum of Understanding (MoU) with Indian Institute of Technology Madras (IIT-M). In 2006, the MoU was signed to set up the Ashok Leyland and Bosch Centre of Excellence in Engineering Design at the IIT-M campus. The 55,000 sq. ft Centre of Excellence is to be equipped with state-of-the-art facilities for teaching and research.

The Bosch Group is a leading global manufacturer of automotive and industrial technology, consumer goods, and building technology. Motor Industries Company Limited is the flagship company of the Bosch Group in India. Founded in 1951, it has grown over the years to become India’s largest auto component manufacturer. It is also the largest Indo-German company.



by Sakshi Arora
© German Information Centre New Delhi
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