SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE L impact

Ashok Leyland CEO says India needs many new trucks

Shenu Agarwal, MD & CEO of Ashok Leyland, told CNBC-TV18 India’s commercial vehicle market is likely to stay strong long term as an ageing fleet and expanding road and highway networks drive replacement demand.

ASHOKLEY

India’s commercial vehicle market is likely to remain strong over the long term as an ageing fleet, rising infrastructure activity and expanding road and highway networks drive replacement demand, Shenu Agarwal, MD & CEO of Ashok Leyland, told CNBC-TV18 on the sidelines of 66th SIAM annual conventi…