Ashok Leyland has said that it will form a separate subsidiary as it explores expansion into the aerospace business with global partners.
This is part of the automaker's plan to diversify beyond manufacturing vehicles.
Dr V. Sumantran, Chairman, Ashok Leyland Defence Systems and Executive Vice-Chairman of Hinduja Automotive, said on Thursday that discussions are under way with a few global companies.
Options on the table include technical collaborations or acquisitions.
“We have to grow out of our core competency. We're looking at an entire range, we can do machining, casting and sheet metal components for aircrafts, from airplane structures to making parts,” he said.
The company is looking at products for both defence and civilian aerospace sectors.