Key Points
in the fourth quarter of the current financial year leading up to the general elections this summer, said Shenu Agarwal, MD & CEO, Ashok Leyland...
There is a possibility that there might be moderation in growth in. due to high base effect as well as the general election but recovery will be fast after the elections as overall macro economic factors are favourable, he said...
The company, which reported record Q3 numbers, is investing between Rs 500 crore and Rs 700 crore in capex this fisc including Rs 290 crore invested so far in the first nine months of the financial year...
We are running at a capacity utilisation of 70% and there is enough capacity for medium and heavy commercial vehicles (MHCV) and light commercial vehicles (LCV) for the next 2-3 years," said Dheeraj Hinduja, executive chairman, Ashok Leyland...
"The key to both Ashok Leyland and Switch is to maximise existing facilities through debottlenecking but if volumes grow substantially Switch will consider exploring a new plant in India like ALL is exploring a new bus plant in Lucknow, he added...
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