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India

Ashok Leyland, India to invest up to INR 3.75 billion in UK arm Optare

On March 20, Ashok Leyland has approved an equity investment of up to GBP 30 million (around INR 3.75 billion) in its UK-based subsidiary Optare Plc, to be infused in one or more tranches by March 31, 2026. Optare, which manufactures and sells buses and commercial vehicles and is the holding company for the group’s e....

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