Barely hours into his new role as SIAM President, Mr. Shenu Agarwal, Managing Director and CEO of Ashok Leyland, was already facing some of the toughest questions facing the industry. What followed was a candid and direct conversation that offered a clear picture of where India’s commercial vehicle industry is headed — and what needs […]
The Society of Indian Automobile Manufacturers (SIAM) has elected Mr. Shenu Agarwal, Managing Director and CEO, Ashok Leyland Ltd., as its new President for 2026-27. Agarwal, who previously served as Vice President of SIAM, succeeds Shailesh Chandra, Managing Director and CEO, Tata Motors Passenger Vehicles Ltd., as Immediate Past President. The new office bearers were […]
Across trucks, buses, technology, and global markets, the momentum is building — and the company believes it is only just getting started. Ashok Leyland reported its best-ever annual financial performance in FY26 — revenues up 14% to ₹44,007 crore, operating profit before tax rising 22% to ₹5,163 crore, and a net cash surplus of nearly […]
TheVice President of SIAM and Managing Director and CEO of Ashok Leyland noted that from depending on global technology, India can become a hub for designing and manufacturing commercial vehicles. The year 2047 may seem far away, but for the commercial vehicle industry, that future is already taking shape—in labs, on shop floors and in […]
The 4th edition of the Commercial Vehicle Summit 2026 closed with a clear message—the road to 2047 will be challenging and demands sustained investment, strong policy backing, continuous innovation, and close collaboration between industry, government and all stakeholders. The commercial vehicle industry, said is like the vascular system of the economy—keeping everything moving, connecting factories […]