Ashok Leyland is taking a proactive approach to handle emerging global and industry trends, according to Chairman Dheeraj G Hinduja. In the company’s 2024–25 Annual Report, he outlines how the firm plans to stay ahead in the evolving commercial vehicle sector.
Hinduja states: "Electrification is accelerating, even as alternative propulsion technologies such as LNG and hydrogen-powered vehicles are moving from concept to commercial reality."
He adds that commercial vehicle electrification is not the only shift. The company also sees rising value in alternative fuel vehicles, especially hydrogen trucks and LNG commercial trucks.
Hinduja emphasizes that: "The commercial vehicle and mobility sectors are undergoing profound transformation."
To stay ahead, Ashok Leyland will continue to invest in research and development. The goal is to speed up the launch of EV commercial vehicles, along with clean LNG and hydrogen-powered alternatives.
He explains: "To navigate and capitalize on these trends, the company will adopt a multifaceted and proactive approach."
Hinduja also points to a shift in fleet operations: "Digitalisation and connectivity are reshaping fleet management, after sales service, and the entire customer experience."
Ashok Leyland is embedding advanced telematics, connectivity, and predictive analytics into its vehicles. These tools will help improve uptime, cut costs, and boost customer satisfaction.
On the external front, Hinduja notes global disruption: "On top of this, global trade and supply chains are being re-shaped."
To respond, the company is building strategic alliances with technology partners and startups. This collaboration supports faster development and smarter integration of new tech.
He sees strong potential in global markets: "Growth prospects in international markets, particularly across the Middle East, Africa, and ASEAN regions, hold immense promise."
Demand in these regions is rising due to economic growth and infrastructure investment. Ashok Leyland aims to serve these needs with reliable, region-ready commercial vehicles.
Hinduja outlines the path forward: "With a range of products in light, medium and heavy segments in both bus and truck applications, our strategy will focus on further deepening local engagement, leveraging regional manufacturing and supply chains, and positioning innovative, sustainable mobility solutions."
Finally, he shares the company’s vision: "By relentlessly driving innovation, expanding global footprint, exploring new defence opportunities, and upholding an unwavering commitment to customer value and sustainability, the company is on track to realise its vision to secure a place among the world's top 10 commercial vehicle manufacturers."
Ashok Leyland is positioning itself for long-term leadership in the evolving commercial vehicle landscape through a proactive and multifaceted strategy. With a strong focus on EV commercial vehicles, alternative fuel technologies like LNG and hydrogen, and deeper digital integration, the company aims to stay ahead of global industry trends. Strategic partnerships, targeted international expansion, and continued investment in R&D underline its commitment to innovation, sustainability, and customer value. Under Chairman Dheeraj G Hinduja’s vision, Ashok Leyland is steadily progressing toward its goal of becoming one of the world’s top 10 commercial vehicle manufacturers.
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