Business Standard

Friday, December 20, 2024 | 03:34 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Our aim is market share growth with an eye on margins: Ashok Leyland CEO-MD

In a Q&A, Vipin Sondhi says the firm will launch more LCVs and step up exports to Africa and Middle East as part of its de-risking strategy

Vipin Sondhi, CEO & MD of Ashok Leyland
Premium

Vipin Sondhi, CEO & MD of Ashok Leyland

Shally Seth Mohile Mumbai
Ashok Leyland’s fourth quarter operating performance beat consensus estimates. A good performance of the light commercial vehicles (LCVs) business helped the Hinduja Group flagship tide over the disruption the medium and heavy commercial vehicles (MHCVs) business faced owing to the economic slowdown. Vipin Sondhi, CEO & Managing Director, tells Shally Seth Mohile that the company is looking for a profitable growth and will launch more LCVs and step up exports to Africa and Middle East as part of its de-risking strategy. Sondhi expects the overall market to improve quarter on quarter as the economy bounces back. Edited excerpts:

Q. This

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in