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Ashok Leyland expects to increase market share in ICV segment

23 Oct 2020 Evaluate

Ashok Leyland is expecting to increase its market share in the intermediate commercial vehicle (ICV) segment similar to the levels it has in medium and commercial vehicle nationally. The company is also witnessing 'good recovery' in segments like construction and mining, road construction, mining, iron ore, coal. With the festive season ahead of it there will be definitely a faster recovery in these segments.

The company unveiled BS-VI compliant Boss LE and LX trucks with prices starting at Rs 18 lakh (ex-showroom Delhi).  With the launch of Boss range of vehicles, the company would have a complete portfolio covering most of the applications.

Ashok Leyland, the Hinduja Group flagship company in India, is engaged in the manufacturing of commercial vehicles and related components. The company’s products include buses, trucks, engines, defense and special vehicles.

Ashok Leyland Share Price

168.65 -2.05 (-1.20%)
08-May-2026 16:59 View Price Chart
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