Tuesday, July 21


Dheeraj Hinduja, Chairman, Ashok Leyland

Chennai: Ashok Leyland is aiming to scale up its international business with a medium-term target of 25,000 export units, as the truck and bus maker looks to strengthen its position in global markets. The company said its export growth strategy will be driven by a combination of organic expansion, local assembly operations in key markets, and selective partnerships.Exports stood at 18,082 units in FY26, growing 19% over the previous year and building on the 29% growth recorded in FY25. “Our key markets in the GCC and Africa delivered double-digit volume growth, and we expanded our international network into four new countries during FY26,” Dheeraj Hinduja, Chairman of Ashok Leyland, said in the company’s latest annual report.The growth came despite geopolitical challenges, including the conflict in West Asia towards the end of the financial year. The company recorded volume growth across key regions, including SAARC, West Asia and Africa, while also gaining initial traction in ASEAN markets. Enhanced manufacturing capabilities at its Ras Al Khaimah (RAK) facility enabled the company to achieve its highest-ever production levels during the year.“We have set an ambitious medium-term target of 25,000 export units—a figure that reflects both our confidence in the global demand for Indian-engineered commercial vehicles and the structural investments we have made to serve international customers,” Hinduja added.Ashok Leyland currently exports vehicles to markets across West Asia, Africa, South Asia, Latin America and parts of the Commonwealth of Independent States (CIS).As part of its global expansion strategy, the company has established a wholly owned subsidiary in Saudi Arabia, including a local assembly operation for buses, trucks and commercial mobility solutions. It is also looking to expand beyond its traditional markets through selective strategic partnerships.



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