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Tuesday, December 31, 2024 | 10:18 AM ISTEN Hindi

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Ashok Leyland plans on revving up global business; LCVs to drive expansion

Its new vision encompasses light commercial vehicles, small commercial vehicles, intermediate commercial vehicles (ICV), M&HCV, spare-parts and defence

In Sri Lanka and Bangladesh, where ALL is a market leader but has been losing volumes, it has put up both assembling and manufacturing plants
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In Sri Lanka and Bangladesh, where ALL is a market leader but has been losing volumes, it has put up both assembling and manufacturing plants

T E Narasimhan
Nine years ago Ashok Leyland Ltd (ALL) set itself a target — to become a top 10 medium and heavy commercial vehicle (M&HCV) company and among the top five bus manufacturers in the world. Early this year, it realised that dream. Now it has set itself a new target — to be among the top 10 commercial vehicle company in the world (now it is at No. 24) by 2028. In other words, its new vision encompasses light commercial vehicles, small commercial vehicles, intermediate commercial vehicles (ICV), M&HCV, spare-parts and defence.
 
ALL, India’s second largest CV player, says while

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