Ashok Leyland targets 35 per cent market share in CV segment

The country's second largest commercial vehicles (CV) manufacturer Ashok Leyland is aiming at a 35 per cent market share during the current fiscal, an official of the company said.
"In the last fiscal, our market share was around 33 per cent. This we want to take it to 35 per cent this fiscal", Anuj Katharia, president, Global Trucks said.
He said that in the first quarter of the current financial year, there had been a slump in sales due to slowdown in demand.
"The current quarter will be better. Demand will actually pick up in the second half", he told reporters here today.

In the last quarter, the company sold 28,495 units, down by nine per cent, he said.
The company is focusing on the northern and eastern markets to gain market share.
Ashok Leyland is also exporting to the countries in the Gulf, SAARC, ASEAN, east and west Africa.