Overview

• The company will add more than 50 new dealerships and service outlets to its nearly 300 touchpoints across North India this year to boost customer access and support.
• Ashok Leyland aims to capture a 30% share of the North India medium and heavy commercial vehicle market over the next two to three years.
• The M&HCV segment is projected to grow in single digits in FY26, driven by government infrastructure investment and strong performance in steel, cement and logistics.
• New, more powerful truck models are slated for launch alongside the introduction of LNG-powered vehicles in FY26 to meet evolving industry requirements.
• Management warned that improved rail logistics via Dedicated Freight Corridors and rising raw material costs pose challenges but plans to manage margins through pricing adjustments and operational efficiencies.