Archive · 18 Jul 2025
Ashok Leyland Aims to Achieve 35% M&HCV Market Share
Ashok Leyland, a company that makes trucks and buses, wants to sell more.
They currently have about 30% of the market share for big trucks and buses and want to increase that to 35%.
They are also working on new vehicles that run on electricity, natural gas, and hydrogen.
The company sold slightly fewer trucks and buses last year.
They are also growing in other countries, like the Middle East and Africa.
This should help them sell more vehicles.
Ashok Leyland aims for a 35% market share in the M&HCV segment in the medium term.
The company held a 30.7% market share in the M&HCV segment in FY25.
Ashok Leyland sold 1,14,793 M&HCVs in the domestic market in FY25, a 1.1% decrease.
Ashok Leyland is investing in R&D for electric, LNG, and hydrogen-powered vehicles.
The company is expanding its reach, particularly in the Middle East, Africa, and ASEAN regions.
- Who
- Ashok Leyland.
- What
- Ashok Leyland aims to increase its market share in the Medium and Heavy Commercial Vehicle (M&HCV) segment.
- When
- In the medium term and in FY25.
- Where
- Domestic market, Middle East, Africa, and ASEAN regions.
- Why
- To expand its business and adapt to industry trends.
- Target Market Share
- 35%
- FY25 M&HCV Sales (Domestic)
- 1,14,793
- FY25 M&HCV Market Share
- 30.7%
- RE usage in Tamil Nadu plants
- 81%
- RE usage Pan-India
- 69%
- Green Energy Savings
- ₹49 crores