Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times

CV industry showing resilience, not much impact of fuel price hike on demand: Ashok Leyland MD

New Delhi, Domestic commercial vehicle industry is showing "amazing" resilience despite the challenges emanating from the West Asia war that has led to fuel price hikes, Ashok Leyland Managing Director & CEO Shenu Agarwal said on Thursday.

The boost from the GST rate cut and replacement of ageing fleets continue to drive demand momentum, but it remains to be seen how the situation unfolds "as the decisions on this war are taken", he told reporters during an earnings call.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.