Ashok Leyland has finally broken through a long-standing market-share barrier in the medium and heavy commercial vehicle (MHCV) segment, a milestone that the company had struggled to cross for several quarters. Managing Director and CEO Shenu Agarwal said the share has now moved beyond the 29.5–30% range to 31% in the first half of the year.

“We have achieved 31% and therefore now we should try and touch 32% and beyond,” he added.

Ashok Leyland is also stepping up its focus on export growth. Agarwal said the company remains confident of reaching 25,000 export units within the next two to three years. “Three years ago our volume was 8,000, and we said in the medium run, we want to treble that volume to 25,000,” he said. The company delivered more than 15,000 units last year and expects t

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