VON Nigeria Praises President Tinubu’s Investment Mission in India

VON Nigeria Praises President Tinubu’s Investment Mission in India

VON Praises 's Investment Mission in

Bennett  Oghifo

VON Automobile , a subsidiary of Stallion Group and maker of Ashok Leyland buses, has expressed its support for 's ongoing investment initiative in . The initiative coincides with the 2023 Summit taking place on September 9th and 10th.

Dr. Harpreet Singh, the company's Managing Director, commended 's efforts and highlighted the prospective investment in Nigeria's automotive industry that resulted from his visit to India.

President 's meeting with Mr. Gopichand Hinduja, Chairman and CEO of the Hinduja Group of Companies, a conglomerate with a total asset portfolio exceeding $100 billion U.S. Dollars, led to the signing of a Memorandum of Understanding (MOU) for further investment in Nigeria's automobile industry. Mr. Hinduja pledged a multi-billion investment and expressed his commitment to bus and automobile manufacturing in Nigeria.

Dr. Singh welcomed the , expressing confidence that President 's administration would prioritize the nation's automobile industry. He stated that VON Automobile, as a pioneer and leading automobile assembler since 2013, remains dedicated to supporting the 's push for a clean and eco-friendly with mass transit buses running on clean and affordable energy sources. The company is currently modifying its locally assembled mass transit buses to run on compressed natural gas (CNG) and electric power.

The locally assembled Ashok Leyland buses, including the Falcon and Hawk models, have been available in Nigeria since 2014. These buses, designed specifically for the , offer durability, power, safety, and a longer lifespan. Dr. Singh emphasized that the CNG and electric-powered Falcon and Hawk buses will help reduce running costs for , particularly in light of recent measures. VON Automobile's state-of-the-art service centers and certified technical specialists are also ready to provide -class after-sales support to extend the lifespan of the buses.

VON Automobile's assembly plant, located along – Badagry Expressway in , Nigeria, not only produces buses, but also , pickups, trucks, and other vehicles that serve as viable alternatives to imported fully built-up new and used vehicles.

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