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Magadh Today - Beyond Headlines > Latest News > Business > Ashok Leyland achieves record sales at 1,98,113 units in 2023
Business

Ashok Leyland achieves record sales at 1,98,113 units in 2023

Gulshan Kumar
Last updated: 2024/01/09 at 9:57 AM
By Gulshan Kumar 1 year ago
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In a groundbreaking accomplishment, Ashok Leyland, a prominent commercial vehicle manufacturer, revealed that it successfully sold a total of 1,98,113 units in the calendar year 2023. This significant achievement surpasses the company’s previous sales record of 1,96,579 units, which was set back in 2018. The announcement underscores Ashok Leyland’s exceptional product versatility and robust market presence, solidifying its position as a key player in both domestic and international markets.

Shenu Agarwal, the Managing Director and CEO at Ashok Leyland, expressed confidence in the company’s future success. He highlighted their ongoing investments in cutting-edge technologies, sustainable operating practices, and customer-centric market initiatives. These strategic moves are aimed at propelling Ashok Leyland into the next phase of growth.

The commercial vehicle industry in India witnessed its most successful period in the calendar year 2018 when it recorded a historic sales figure of 10,05,380 units, demonstrating an impressive year-on-year growth of 27 percent.

By PTI

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