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


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