Ashok Leyland establishes Saudi subsidiary for vehicle assembly plant

Ashok Leyland UAE LLC (AL UAE), a wholly-owned subsidiary of Ashok Leyland Limited, has incorporated "Ashok Leyland Saudi Company" in the Kingdom of Saudi Arabia. This new entity is a One Person Company, established with an initial share capital subscription of SR 500,000, and was incorporated on November 28, 2025.

The primary objective of Ashok Leyland Saudi Company is to set up a vehicle assembly plant for buses and truck manufacturing. This strategic move aims to target both the domestic market within Saudi Arabia and the broader export market. The company has received necessary regulatory approvals from the Ministry of Investment and Ministry of Commerce of Saudi Arabia.

Ashok Leyland UAE LLC holds a 100% shareholding in the new Saudi subsidiary, with the investment in the initial share capital made entirely in cash. The shares were subscribed at a price of Saudi Rial 1000 per share, reflecting Ashok Leyland’s commitment to expanding its manufacturing footprint and market reach in the Middle East.