Ashok Leyland Ltd. is buoyant on domestic sales in the light commercial vehicle and medium and heavy commercial vehicle segments in fiscal 2025 and sees further growth in its electric bus offerings as the government ramps up tenders, according to senior company executives.
"We are buoyant on LCVs and planning six major launches in FY25, with the first one in May," Managing Director and Chief Executive Officer Shenu Agarwal told NDTV Profit, adding the company will launch a new product every alternate month.
"Things are looking bright.
The truckmaker expects the growth momentum seen in the MHCV segment in the first eight months of FY24 to continue in this fiscal.
Moreover, there are no emission norms in the near future that can have an impact on the company, Agarwal said.
Ashok Leyland Ltd. is buoyant on domestic sales in the light commercial vehicle and medium and heavy commercial vehicle segments in fiscal 2025 and sees further growth in its electric bus offerings as the government ramps up tenders, according to senior company executives.
"We are buoyant on LCVs and planning six major launches in FY25, with the first one in May," Managing Director and Chief Executive Officer Shenu Agarwal told NDTV Profit, adding the company will launch a new product every alternate month. "Things are looking bright. We are now number two in the market."
The truckmaker expects the growth momentum seen in the MHCV segment in the first eight months of FY24 to continue in this fiscal. Moreover, there are no emission norms in the near future that can have an impact on the company, Agarwal said.
