• Monday, September 26, 2022

Business

Dheeraj G Hinduja: Ashok Leyland aiming to boost commercial vehicle business

Dheeraj G Hinduja

By: Sarwar Alam

Hinduja Group flagship Ashok Leyland is looking at expansion of its commercial vehicle business with plans to introduce a slew of products. The company, however, said that commercial vehicle makers are under profitability pressure due to increasing competition and cost of meeting stronger emission standards. In an address to its shareholders, the company’s chairman Dheeraj G Hinduja said the company in the coming years will continue to provide thrust to the core business of commercial vehicles and build a portfolio of profitable segments. “LCV (light commercial vehicle) strategy will get further sharpened and a slew of products is already in…

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