Hinduja Group firm Ashok Leyland today said it has established a subsidiary company (LLC) in Ras Al Khaimah, UAE for setting up a bus body assembly plant to cater to the Middle East and neighbouring markets.In October 2006, the company had annnounced that it would set up a Rs 22.5 crore ($5 million) bus assembly unit in Ras Al Khaimah that would be gradually upgraded to a vehicle assembly plant for trucks and buses.The unit, with an initial annual capacity for 1,000 buses of international styling, manufacture and quality, would start operations as a bus body assembly using Ashok Leyland chassis and bus body CKD kits sent from India including Irizar TVS, R Seshasayee, MD of Ashok Leyland, said.
