AUTOMOBILE
In the last financial year, he said that the company had gained 2.5% market share when the industry growth dipped by 2%.
Leading automobile manufacturer Ashok Leyland has been currently developing its own technology for meeting the BS-VI emission norms to come into force from 2020.
Kathuria said that as far as BS-IV was concerned, the company had done away with the SCR technology as it was found not suitable for the Indian conditions. "We have developed the `iEGR' technology which would both reduce nitrous oxide and particulate matters", he said. Talking about the medium and heavy commercial vehicles division of the company, Kathuria said that Ashok Leyland was having 32% market share in the domestic market and the number 12th player globally. "In the global market, we want to be within top 10 in three years time", he said.
In the last financial year, he said that the company had gained 2.5% market share when the industry growth dipped by 2%. Presently, the company is serving the export markets of UAE, SAARC, East and West Africa, and Bangladesh through satellite assembly plants set up abroad. Kathuria said that the trucks division was contributing 75% of the company's overall revenue. "The company's policy was to grow the other business divisions in tandem with trucks", he said.
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