Ashok Leyland, Hino Motors to renew partnership for Euro-VI engines
Both the companies will leverage each other strengths in diesel engines to enhance their competitiveness
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Ashok Leyland MD Vinod K Dasari expects the new initiatives to fetch Rs 1,000-crore revenue in 3-5 years
Ashok Leyland has entered into an agreement with its long-standing Japanese partner Hino to utilise Hino's engine technology for Ashok Leyland's Euro-VI development.
Hino and Ashok Leyland have had a co-operative agreement for engine production in India since 1986.