Gopal Mahadevan, Chief Financial Officer At Ashok Leyland
📌 Expect momentum for CV demand to continue moving ahead.
📌 Higher Infra spending, road construction and decline in truck overloading aiding demand.
📌 Oil and Gas, Logistics and FMCG sector are driving demand for trucks.             Â
📌 Economics for higher tonnage trucks have improved.
📌 Auto ancillaries and vendors have been ramping up production to meet higher demand.
📌 Order for Defence worth Rs 100 crores is one of its kind.
📌 No point in getting market share via heavy discounting.