VERIFIEDET Finance·28 May 2026positive

CV industry showing resilience, not much impact of fuel price hike on demand: Ashok Leyland MD

AI Summary

·The Indian commercial vehicle sector is demonstrating resilience, with demand largely unaffected by fuel price hikes.
·Sales are being driven by lower GST rates and the replacement of older vehicles.
·Ashok Leyland anticipates continued strong performance in April and May, with UAE operations normalizing.