India's Truck Market Defies Odds; Tata Motors, Ashok Leyland Deliver

Tata Motors and Ashok Leyland are two big Indian companies that make trucks and buses.

They just told everyone how many vehicles they sold and how much money they made in the last three months.

Both companies sold many more trucks and buses than they did a year ago.

Tata Motors sold about 108,700 commercial vehicles, which is almost 26% more than before.

Ashok Leyland sold 48,763 vehicles, its best ever for the first quarter of a financial year.

The companies made more money too, but their profits grew slowly because steel and copper became more expensive.

The Indian government also helped by lowering a tax called GST on trucks and buses from 28% to 18%.

Tata Motors is also buying a truck-making company from Italy called Iveco.

People watch truck sales closely because trucks carry food, cement and other important goods, so strong sales mean the economy is doing well.