“In FY 2012-13, we gained a market share of 3% while the M&HCV segment volumes fell by 25%” said Mr. Vinod K. Dasari, Managing Director, presenting the annual results of Ashok Leyland, the Hinduja Group flagship.
I am happy to report that in 2011-12 Ashok Leyland continued to maintain its growth strides. Your Company posted an overall sale of 101,990 vehicles, an 8.4% increase over the previous year. This was possible due to a robust 24.7% growth in exports to 12,852 vehicles and the runaway success of the award winning 'Dost' in the light truck segment.