
Ashok Leyland's M&HC passenger carriers share in total sales FY 2012-2021
In fiscal year 2019, the share of medium and heavy commercial passenger carriers in total sales of Ashok Leyland was ten percent. This was projected to increase slightly more by fiscal year 2021. 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.