Ashok Leyland to cut 1,000 jobs to improve productivity

Seshasayee said though the Indian auto industry had come out of recession, there was going to be no additional employment. ‘‘The Indian automobile industry has a very high level of manning.’’

Seshasayee said Ashok Leyland had plans for exports and was exploring new markets like Argentina, Afghanistan and Seychelles. ‘‘We have broken new markets into Seychelles and Afghanistan during the year. We have a robust plan for export in 2002-03,’’ Seshasayee said.