Ashok Leyland to enter Russian market
"We have gained market share in the bus and medium and heavy commercial vehicle`s segment. Our market share now is 31 per cent. We are also cutting costs," Hinduja said. According to him, the company had a debt levels of about Rs. 6,000 crore during 2013-14 and it has come down to about Rs. 1,800 crore.
Ashok Leyland Ltd will enter the Russian market with a local partner in a year`s time, said a top company official. He also said the company plans to enter the top 10 global commercial vehicle manufacturer`s club soon, Photo: Reuters