Ashok Leyland bets on rural infra to see demand for cargo ca

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New Delhi: Ashok Leyland, India’s second-largest truck maker, is betting on rural infrastructure to help boost demand for cargo carriers, sales of which declined last year ahead of the adopting of new emission norms. The lockdown further affected demand, causing shrinkage in the industry.

“One of our recommendations to the government is to allocate a significant amount of national infrastructure pipeline projects in rural India. Vipin Sondhi CEO told,” We are seeing utilisation going up. How long would it take for things to revive? We will have to wait and watch. Things will improve quarter by quarter.”

To be sure, tractor sales for May have already matched the levels of May 2019 levels, and bumper Kharif crops have secured stronger rural cash flows from cities.
Mileage15 miles
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