Ad Here  
January
February
March
April
May
June
 
 
Housing demand revival Chinese smart phones flourish in small towns too! PPP model for infrastructure development Is this a generation gap? Yamaha unveils scooter boutique The gainers and the losers AL wins Deming prize again Carnival Films acquiring 3000 screens pan India Tata gets 4-star rating for Zest TVS Srichakra plans capacity expansion Hyundai India achieves 7 mn production at Chennai factory Eyes strong growth in 2016-17 L&T bags the Mumbai Trans-harbour link order Smartphone onslaught by Chinese brands A welcome initiative-even critics are recognised Maruti – for young buyers Rane targets Rs.5500 crore topline by 2018-19 Back in growth mode ITC chairman calls for policy impetus to transform agriculture He excels in the nuts and bolts of entrepreneurship TN government keen on revival of operations at Nokia complex RoC in the dock... Ode to Ratan Tata Kone India eyes further growth in elevator market PSU non-life firms seek to protect share Gamesa to set up a plant in Nellore Sundram Fasteners rejigs international 29 per cent jump in TCS revenues AL introduces Guru & Partner Wabco launches safety system L & T’s floating dock for navy E.I.D Parry (India) Ltd: another sweet year Titan Company – sales recovery to kick in Daimler grows sales and share in India Dish TV – subscriber additions encouraging Land wars M & M unveils driverless technology for tractors Shriram Life clocks more than Rs.1000 crore premium in 2015-16 TVS Automobile invests Rs.75 crore in start-up firms When small is not so beautiful… CAPITAL NOTES AL secures orders for 3600 buses Forging industry worried over lower supply of steel and its price Welcome focus to improve rural India... Vellayan is back, after 150 days The unexpected exit TI Cycles plans retail expansion to drive sales for premium bicycles Are they really independent? Mercedes-Benz sales continue to zoom L & T set bigger ambitions in defence business Emami – a new growth mantra A niche in FMCG business... Sivasankaran enters taxi space to take on Uber and Ola Solar installations exceed 2015 capacity in five months Tata Motors aims to be among the Top 3 global CV & PV firm Nissan exit shouldn’t affect ALL Hyundai to focus on SUVs and AMT variants Consolidating leadership position in smartphones Tata Motors charts investments in PV and CV businesses LVB posts 31 per cent growth in Q1 net profit Bajaj Finserv – Q1: fare well New India Assurance posts impressive show Ponni Sugars (Erode) Ltd: not so sweet 2012-13 Tata Motors joins compact SUV bandwagon with Nexon Right to privacy – now it’s fundamental! Last stages Singur minus Nano – victory or folly? Daimler’s truck exports from Chennai cross 5000 units Hindalco – re-rating It takes two to tango V-Guard launches app-enabled water heater system HPCL plans Rs.61,000 crore capex over 5-years Tata Steel, ThyssenKrupp sign MoU to merge European units From the toughest to the best year ITC – steep excise hike Michelin to double Chennai capacity Smooth sailing of SAIL Increasing market share Record two-wheeler sales Preparing for the next growth curve Tata Motors bets on new launches IOB on turnaround path Aurobindo Pharmacy: good turnaround Toyota and Suzuki to introduce EVs in India by 2020 L&T profit up by 11 per cent
 
AL wins Deming prize again

Truck and bus maker Ashok Leyland expects the M&HCV industry to grow by 5-10 per cent in the current fiscal and the company is also likely to increase in line with the industry. With a robust recovery in volumes in Q2 and further recovery anticipated in Q3, AL is likely to register decent growth in the current fiscal.

The company is likely to report further improved performance in FY19/20, on the wake of strict overloading restrictions, better freight availability, increased government focus on infrastructure spend and pre-buying ahead of BS VI implementation in 2020. Over the term, the company also expects significantly higher contribution from non-India CV segments such as defence and exports.

The company has another reason to celebrate, owing to the receipt of the prestigious 2017 Deming Prize for its Hosur Unit II manufacturing facility for Total Quality Management. In 2016, Ashok Leyland Pantnagar plant had become the first truck and bus plant in the world and also the only CV manufacturer outside Japan to win this coveted award. With the Hosur unit II plant winning this year, Ashok Leyland becomes the only CV manufacturer outside Japan to achieve this feat consecutively. 


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