The commercial vehicle industry continues to operate in a challenging cost environment, with rising commodity prices and volatile raw material trends shaping near-term strategy at Ashok Leyland. In an interaction with ET Now, Shenu Agarwal, MD & CEO, Ashok Leyland said the company is balancing selective price hikes with internal cost controls while demand conditions remain broadly stable.
Agarwal noted that visibility on input costs remains limited as supplier negotiations are still ongoing. He said commodity costs are under pressure and the situation continues to remain dynamic. The company has already taken price hikes in the range of 1% to 2% across categories, but management is still assessing whether these can be sustained going ahead. He added that the focus remains on both pricing actions and internal cost control measures to offset input cost pressures.
