Ashok Leyland's M&HV passenger carriers market share 2016-2019
The market share of Ashok Leyland's medium and heavy commercial passenger carriers in April 2019 stood at 48.7 percent. This was the segment's largest market share over the last two years. The company was the second largest commercial vehicle manufacturer in India and the fourth largest manufacturer of buses worldwide. It was valued at over four billion U.S. dollars in 2019.