Ashok Leyland Invests in Battery Pack Manufacturing

Ashok Leyland Invests in Battery Pack Manufacturing.webp

New Delhi, March 11 Hinduja Group's commercial vehicle manufacturer, Ashok Leyland, announced on Wednesday an investment of up to ₹500 crore in a greenfield battery pack manufacturing facility near Chennai.

The company held the ground-breaking ceremony for the new battery pack manufacturing facility at Pillaipakkam near Chennai, Ashok Leyland said in a statement.

The project will require an investment of ₹400-500 crore and is part of the Hinduja Group's investments under a previous memorandum of understanding signed in September 2025, it said.

"The ground-breaking of the new battery pack manufacturing facility marks an important step in our journey towards electric mobility and reinforces our commitment to building a strong domestic EV ecosystem," said Ashok Leyland Executive Chairman Dheeraj Hinduja.

Ashok Leyland said its new battery pack manufacturing facility at Pillaipakkam represents a strategic step in building a robust EV ecosystem and will help localize EV battery pack production.

The project aligns closely with Tamil Nadu's Electric Vehicle Policy 2023, the National Mission on Transformative Mobility and Battery Storage, and India's vision of achieving net-zero emissions by 2070, the company said.
 
Tags Tags
ashok leyland battery pack manufacturing battery storage chennai electric vehicle policy electric vehicles ev ecosystem greenfield facility hinduja group india investment memorandum of understanding mobility net-zero emissions tamil nadu
Back
Top