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Ashok Leyland to invest ₹800–1,000 crore to ramp battery manufacturing

Ashok Leyland logoAshok Leyland
Sig3.15Sen+4.20Env+2.35Soc+2.60Gov+0.85

Ashok Leyland plans to invest ₹800 crore to ₹1,000 crore in FY27 to accelerate battery production, electric mobility and alternate fuel technologies, building on its battery localization roadmap. The plan follows a longer ₹5,000 crore effort with CALB Group to develop a domestic battery ecosystem. The company is also progressing a ₹400–₹500 crore greenfield battery pack facility at Pillaipakkam near Chennai and expanding EV business via Switch Mobility.

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