New Delhi, June 25, 2025 (ANI): Speaking on Growth prospectus of Commercial vehicle, Ashok LeylandтАЩs President Sanjeev Kumar said that India's commercial vehicle (CV) industry is poised for steady growth, driven not only by strong economic fundamentals but also by rapid infrastructure development.Sanjeev Kumar, further said, "The overall road infrastructure is improving significantly. New highways are being built, and travel times are being reduced by almost 50 per cent. This will play a crucial role in lowering India's overall logistics costs."Ashok Leyland, one of India's leading commercial vehicle (CV) manufacturers, remains optimistic about the growth prospects of the CV industry in the current financial year, backed by a strong economic outlook, infrastructure improvements, and changing industry trends.Speaking on the industry outlook, Sanjeev Kumar said, "The CV industry saw a growth of 3 per cent last year. For the current year, we expect the industry to continue on a positive trajectory with a single-digit growth of around 3 to 5 per cent. This will mark the fourth consecutive year of sustained growth for the CV sector."
