New Delhi, June 25 -- India's commercial vehicle (CV) industry is poised for steady growth, driven not only by strong economic fundamentals but also by rapid infrastructure development.
Sanjeev Kumar, President - M&HCV at Ashok Leyland, said, "The overall road infrastructure is improving significantly. New highways are being built, and travel times are being reduced by almost 50 per cent. This will play a crucial role in lowering India's overall logistics costs."
Ashok Leyland, one of India's leading commercial vehicle (CV) manufacturers, remains optimistic about the growth prospects of the CV industry in the current financial year, backed by a strong economic outlook, infrastructure improvements, and changing industry trends.
Speaking...
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