Ashok Leyland hopes to be among top 10 M&HCV players in 3 yrs

The company is setting up new manufacturing facilities at Andhra Pradesh and Telegana

After achieving its target to become one of the top five players in the bus market, commercial vehicle major Ashok Leyland is aiming to become one of the top 10 M&HCV companies in the next 2-3 years. To support this, the company will invest around Rs 500-600 crore every year into development of products and capacity.

ALL has chalked out a plan for the coming years for both domestic and export markets.

While growing the domestic volume, major thrust will be given on export, said Vinod K Dasari, managing director, Ashok Leyland. The company wants to sell one vehicle outside India for