Digitisation and cost control are yielding good results at Ashok Leyland.
By Bhushan Mhapralkar|Oct 08, 2021

Ashok Leyland drives digitisation and cost control

Witnessing good demand for its new LCV, the Bada Dost, which is positioned in the 3- and 3.5-tonne pick-up segment, and the modular M&HCV truck range, AVTR, Ashok Leyland is yielding good results by reining in costs and a digital-first approach. Focusing on much cost control during the first quarter of FY2021-22, and as the second wave of Covid-19 brought about a new round on disruption and uncertainty, the commercial vehicle major, through its digital-first approach, has been able to expand its offerings. It has been able to get a newer set of customers. Gopal Mahadevan, Director & CFO, Ashok Leyland, expressed, “With our volumes picking up on account of our versatile product offerings, our robust cost initiatives have helped us improve our bottom-line. Revenue from our other businesses like power solutions, defence and digital customer solutions have also contributed increasingly, improving our revenue potential. We will continue to nurture our growth businesses, while we keep our focus on cost initiatives and converting the receivables and inventory to cash.”

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