Archive · 28 Nov 2025
Ashok Leyland Sets Up Saudi Vehicle Assembly Unit
Ashok Leyland, a big vehicle company from India, has started a new company in Saudi Arabia.
This new company, called Ashok Leyland Saudi Company, will build buses and trucks.
They have put in some money to start this new company.
The plan is to sell these vehicles in Saudi Arabia and also to other countries.
The Indian government has given them the permission to do this.
On the day this news came out, the price of Ashok Leyland's shares in the stock market went down a little bit.
Ashok Leyland UAE LLC has incorporated a wholly-owned subsidiary in Saudi Arabia named Ashok Leyland Saudi Company (AL Saudi).
AL Saudi has made an initial investment of 5,00,000 Saudi Riyal to set up a vehicle assembly plant for buses and trucks.
The plant aims to target both the domestic and export markets in Saudi Arabia.
Regulatory approvals have been received from the Ministry of Investment and Ministry of Commerce of Saudi Arabia.
Ashok Leyland's share price on the NSE closed at ₹158.26, down by ₹1.49 on the day of the announcement.
- Who
- Ashok Leyland UAE LLC (a subsidiary of Ashok Leyland)
- What
- Incorporated a wholly-owned subsidiary in Saudi Arabia to set up a vehicle assembly plant
- When
- November 28, 2025
- Where
- Saudi Arabia
- Why
- To target the domestic and export market for buses and truck manufacturing
- Company
- Ashok Leyland
- Subsidiary
- Ashok Leyland Saudi Company (AL Saudi)
- Investment
- 5,00,000 Saudi Riyal
- Purpose
- Vehicle assembly plant (Buses and Truck Manufacturing)
- Market Target
- Domestic and export market
- Approval
- Ministry of Investment/Ministry of Commerce of Saudi Arabia
- Share Price (NSE)
- ₹158.26 (down by ₹1.49)
- Date
- November 28, 2025