Vinod Dasari

Ashok Leyland MD Vinod K Dasari, Senior VP Global Buses, T Venkataraman, during the launch of Circuit electric bus in Chennai on Monday.

Telangana Industries Minister KT Rama Rao said: “Ashok Leyland will invest Rs 500 crore in a phased manner and the plant is expected to generate direct employment to over 1,000 people.

The domestic auto industry suffered a loss of Rs 4,000 crore in eight months following the ban on sale of diesel vehicles in engine capacity of 2,000cc and above in Delhi/NCR.