Established in 1982, this joint venture with the Government of Sri Lanka has a dominant share in Sri Lanka's medium duty vehicle segment. Ashok Leyland’s equity holding in the joint venture is 28%. Ashok Leyland supplies chassis in both completely built-up and knocked down conditions to Lanka Ashok Leyland, which in turn assembles the chassis and builds bodies, as the case may be, and sells them in the local market. The factory is situated at Panagoda, about 40 kms from Colombo.
