Ashok Leyland, Deere Unveil Construction Vehicle in India

Ashok Leyland Ltd. (AL) and Deere & Co. (DE) unveiled a construction vehicle in India today and plan to introduce two more, V. Sumantran, chairman, Ashok Leyland John Deere Construction Equipment Co., said in the southern Indian city of Chennai.

The two companies have spent 2 billion rupees on the joint venture, he said.

To contact the reporter on this story: Ganesh Nagarajan in Chennai at gnagarajan1@bloomberg.net

To contact the editor responsible for this story: Abhay Singh at abhaysingh@bloomberg.net

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