May 25 2017
World’s Fourth Largest Bus Manufacturer Raises UAE’ Automotive Aspirations
World’s fourth largest bus manufacturer is raising UAE’s aspirations in automotive production, as it is going to raise production to 5,000 buses a year at its Ras Al Khaimah plant next year. It expects to touch the 4,000 unit mark this year.
Ashok Leyland recorded revenues of $3 billion plus last year and net income of $170 million.