The country's second largest truck maker Ashok Leyland has revived its investment plans with some fresh strategies for the upcoming financial year.

The company has a tough time during the global economic melt down and the recession. All its projects had been delayed in that period of time. It was a horrible two years period for the Indian vehicle manufacturer. It's JVs with Nissan and John Deere has also got delayed, so has its investment plan.

But now the economy is gaining momentum and the manufacturing companies are also back on track. With the forward movement of the industry, Ashok Leyland is also restructuring its investment plans. The company has planned to invest Rs 3,000 crore over the next three years.

It has decided to spend a large amount for the development of new products and churning out new line of trucks and buses. It has also planned to expand its dealership network in to the northern and eastern part of the country. The JVs with Nissan on LCVs and John Deere on construction equipment is expected to be finalized soon.