Archive · 25 Jun 2025
Ashok Leyland Sees Single-Digit Growth for M&HCV Segment
The market for big trucks and buses in India is getting better after a tough year.
Experts think the industry will grow a little bit this year, after shrinking last year.
Ashok Leyland, a major company, wants to grow even faster.
They're planning to expand in North India, which is a big market for them.
The growth is expected to come from the government building more roads and other infrastructure, which will help the truck industry.
M&HCV segment in India is expected to grow in single digits this fiscal year.
Industry is recovering from a 3% decline in FY25.
Ashok Leyland aims to grow ahead of the industry.
The company is focusing on expanding in North India.
Growth is expected to be driven by government infrastructure investment.
- Who
- Ashok Leyland and the M&HCV industry.
- What
- The M&HCV segment in India is expected to grow in single digits.
- When
- This fiscal year.
- Where
- India, with a focus on North India.
- Why
- Driven by government investment in infrastructure.
- Industry Forecast
- Single-digit growth
- FY25 Decline
- 3%
- Company Focus
- Ashok Leyland
- Key Market
- North India
- Growth Drivers
- Government infrastructure investment