Ashok Leyland says retail sales up; expects recovery to continue

Ashok Leyland is seeing a very healthy demand for tippers in north-eastern states. He expects this to continue. “A lot of construction activity is happening, so a lot of transportation of aggregate material, even tippers in the ICV segment especially in the states of the northeast – we are seeing a very healthy demand. We expect some of this to continue,” he said.

Speaking about market share, he said, “There was no major loss but there was a segmental shift that was making the overall picture a little skewed. But definitely with demand coming back in our vehicles, we will be able to recover.”