Ashok Leyland Plans ₹5000 Crore Investment – will help India make its own batteries for electric vehicles. This step will reduce import costs, support local jobs, and speed up the use of electric buses and trucks in India.
I have been following the EV and auto industry for some time, and I feel this is a very positive move. Batteries are the heart of any electric vehicle, and making them in India will make EVs cheaper and more reliable.
About Ashok Leyland
Ashok Leyland is part of the Hinduja Group and is India’s second-largest commercial vehicle maker. The company is well known for buses, trucks, and heavy vehicles.
Now, to support the electric future, the company is investing in batteries and energy storage systems so that India can depend less on imported technology.
Key Points of the Investment
- Total investment: More than ₹5,000 crore in the next 7–10 years
- Global partner: Working with CALB Group, a big battery company from China
- First focus: Batteries for Ashok Leyland and its electric vehicle brand Switch Mobility
- Next step: Supply batteries to other companies and also for non-automotive uses like energy storage
- Main goal: To build a full battery ecosystem in India and support Make in India
Source: Business Standard
Quick Highlights – Ashok Leyland Plans ₹5000 Crore Investment
- ₹5,000 crore to build batteries in India
- Partnership with global expert CALB
- A new Centre of Excellence (CoE) for research and development
- Focus on recycling, battery safety, and new technology
- Strong support to India’s EV plans and clean energy goals
Global Centre of Excellence (CoE)
As part of this plan, Ashok Leyland will set up a Centre of Excellence. This will work on:
- Research in battery materials
- Making new and safer battery systems
- Recycling old batteries
- Developing Battery Management Systems (BMS)
- Finding ways to lower cost and improve performance
Why This Matters for India
- India’s battery market is growing fast – from $12.6 billion in 2025 to almost $21 billion by 2030.
- Other companies like Tata and Ola are also setting up big battery plants.
- With this move, Ashok Leyland will be in a strong position in the EV industry.
Investment Summary
| Point | Details |
|---|---|
| Investment Size | ₹5,000 crore in 7–10 years |
| Partner | CALB Group (China) |
| First Focus | EV batteries for Ashok Leyland & Switch Mobility |
| Future Scope | Other automakers + energy storage |
| Research Support | Global Centre of Excellence |
| Benefits | Local supply, cost reduction, job creation, EV push |
Leadership Words
- Dheeraj Hinduja, Chairman – “This partnership will help build a strong battery supply in India and reduce the use of fossil fuels.”
- Shenu Agarwal, MD & CEO – “We will first use the batteries for our vehicles, and then expand to other industries with strong R&D support.”
Conclusion
Ashok Leyland’s decision to invest ₹5,000 crore in the battery ecosystem is a big step for India’s EV journey. By making batteries locally, the company will cut costs, create jobs, and support clean transport.
This is not just about vehicles, but about building India’s future in green energy.
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