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No impact on exports due to West Asia crisis
Business Standard
|June 25, 2025
Ashok Leyland does not see any impact of the recent geopolitical tensions in West Asia on commercial vehicle (CV) exports, and shipments to key markets in the region are continuing as usual, said Sanjeev Kumar, president of medium & heavy commercial vehicles (M&HCV) of the company on Tuesday.
"As of now, there has been no impact on exports. They are going on as usual," Kumar told Business Standard.
The company has a "fairly strong presence" in Gulf Cooperation Council countries and in Africa, he added.
In FY25, about 8 per cent of Ashok Leyland's total production was exported, while the remaining 92 per cent was sold in the domestic market. The company exported 15,255 units during the financial year, marking a robust 28.7 per cent year-on-year (Y-o-Y) growth.
Dit verhaal komt uit de June 25, 2025-editie van Business Standard.
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