Ashok Leyland expects 20% growth in bus business this year

The company sold around 20,000 vehicles last year, of which around 13,500 units were in the domestic market.

Commercial Vehicle major Ashok Leyland is expecting a 20 per cent growth in its bus business, as the segment is picking up growth from a slow pace last year. 

In the previous year, the industry and the company had seen a decline of around 23 per cent owing to various reasons including confusion among customers regarding the delayed Bus Body Code. However, the company managed to increase its market share by 0.3 per cent.

"We are hoping market will recover. The problem last year was a little bit of confusion. I am hoping for 20 per cent growth this year,"