Ashok Leyland's Lucknow e-bus plant boosts UP's industrial shift

India
M
Moneycontrol•14-01-2026, 10:57
Ashok Leyland's Lucknow e-bus plant boosts UP's industrial shift
- •Ashok Leyland inaugurated its first integrated electric bus manufacturing facility in Sarojini Nagar, Lucknow, marking a significant industrial transformation for Uttar Pradesh.
- •The plant, spread over nearly 70 acres, is UP's first dedicated e-bus unit, with an initial annual capacity of 2,500 vehicles, scalable to 5,000.
- •The facility will produce electric buses, travelers, and cargo vehicles, along with internal combustion engine and alternative fuel platforms for domestic and global markets.
- •Developed with an initial investment of Rs 252 crore (total planned Rs 1,000 crore), it will create 1,000 direct and 2,000 indirect jobs.
- •State officials highlight improved clearance systems and pro-investment policies, leading to Rs 15 lakh crore of investment commitments already under implementation in UP.
Why It Matters: Ashok Leyland's new e-bus plant in Lucknow signifies Uttar Pradesh's rapid industrial growth and investment appeal.
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