Ad Here  
January
February
March
April
May
June
 
 
Climate change may change the way businesses work... Three more leather clusters… TCS’ revenues cross Rs 100,000 crore Placing the right shoe forward... European crisis is a global crisis! Blue Star plans a new plant in south Focus on self-certification and third party inspection Make way for the new and dynamic railways Is Indian telecom industry heading for a monopoly? Tata Steel commence operations at Kalinganagar Pharma market dozes Realising double digit growth in Tamil Nadu Adding Zest to Scooty Economic issues take a back seat at G20 summit Gem of social service... When Centre visits the state Nothing to hide... Secured NCDs from Shriram City Steel loses its sheen On the ‘milky’ way Chennai will soon get its World Trade Centre Celebrating 180 years of relevance World labour laws at a glance Downsizing spree... - OBO Bettermann for better lightning protection Applauding enterprise... The new look- 4s Verna Murugappa- a year of consolidation More gensets and diesel engines from TAFE Business Breif Time to fast-pace the logistics sector Chennai Port is at last decongested! Ridley marathon to India Business Briefs TII’s single largest investment at Thiruthani IFCI to raise NCDs upto Rs 2000 crore Schwing Stetter India joins hands with US-based Gomaco Chola MS net crosses 100 crores Scoot offers just Rs.13,500 to ANZ... Bridging the skill deficit in pharma industry Carrefour’s quick exit Smart controls for cooling large multi-zone spaces ... Innovation that helped Chennai port Economic, business and social sustainability BRICS development bank Inclusive and forward moving... Towards peace of mind TN budget pragmatic and moderate on fiscal deficit Illicit markets a concern to growing economy CUB: towards card-less withdrawal People Flow Day- Safety Creating Tamil Nadu Banana brand TII-challenging year with flat growth Hero Motocorp - smooth ride SumInfra- corridor based development... Indigo stays leader with 40 per cent share An aerospace-defence cluster in Tamil Nadu… ISRO's 100th mission STFC raises money ECGC expands operations Strategy war escalates between Hero and Honda ALL to launch electric busses Chennai to get a roundabout Metro Techies trip to India TOP 10 CEO Compensation Need to focus on ease of doing business... Realty sector takes a break... Purdue and IIT-M sign the dotted line Hyundai excites again Sun Edison launches solar pumps Industry-well poised to invest on expansion Holiday Inn opens in OMR Chennai Rating of states to be released soon TiE applauds innovative entrepreneurs Housing Innovation Challenge, 2015 Four daughters and a proud father Big-ticket investments march towards Punjab Apple maps – finding its way AirAsia India infuses funds to fight out competition Automotive Vision Plan II... Connecting the unconnected Dynamic e-commerce scenario Research needs more funding An American alliance in the chemical industry? ALL – truck industry is recovering from degrowth Backpack laboratory Striking cords for 25 years… Well-refined – RIL’s refinery margins zoom Flexible labour laws… Investor friendly Japan Durga - India’s largest blast furnace; now operational WABCO’s second Chennai plant ALL-two launches in a row Indian Bank – global businesses crosses Rs 3 lakh crore... LVB gears to become a financial supermarket Brand leaders come forward... Airlines wage price war Reality bytes A global plastic event in India Veritas Finance- financing the unfinanced Auto test tracks launched at GARC Oragadam campus Changing dynamics in human resource management Waste, a gold mine Chola MS launches motor app Nigeria comes nearer TVS Logistics – another acquisition to sharpen the business model Curbing steel imports will hurt small business... Celebration time at MS Chola Digital retail transactions stabilise at higher level…
 
ALL – truck industry is recovering from degrowth

By focusing on network expansion and customer profitability during the de-growth phase of the commercial vehicle market, Ashok Leyland(ALL) is now capitalising the growth that has dawned on the sector.  

ALL recorded a growth of 54 per cent in the half year ended 30 September 2015 to Rs 8781 crore. Sales volume of the medium and heavy commercial vehicles (MHCV) stood at 51,337 against last half year’s 33,115. An increase in the light commercial vehicles (LCV) sales stood at 14,198(12,204). ALL enjoys a market share of 33.1 per cent in the MHCV segment. “With improved cash flows, a positive cycle is beginning. Our growth is mainly due to the increase in replacement demand and we expect the trend to continue,” said Gopal Mahadevan, CFO. “The global benchmark is one vehicle for a population of 1000. We have not yet reached the mark of 350,000 trucks and hence there is a lot of potential and it is dependent on the economic growth,” said Gopal.

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com