Ashok Leyland Targets 25,000 Export Units Following Global Expansion

Chennai-based truck and bus manufacturer Ashok Leyland has announced a medium-term target of 25,000 export units to scale up its international business and strengthen its global market presence. The company plans to drive this export growth strategy through a combination of organic expansion, local assembly operations in key markets, and selective partnerships.

According to the company's latest annual report, exports stood at 18,082 units in FY26. This figure represented a 19 percent growth over the previous year, building on the 29 percent growth that the vehicle manufacturer recorded in FY25.

In the annual report, Dheeraj Hinduja, the Chairman of Ashok Leyland, highlighted the company's progress in key global regions. Hinduja stated that key markets in the GCC and Africa delivered double-digit volume growth. Furthermore, the company successfully expanded its international network into four new countries during the FY26 period.

This growth was achieved despite significant geopolitical challenges, including the conflict in West Asia towards the end of the financial year. Despite these regional tensions, Ashok Leyland recorded volume growth across several key regions, including SAARC, West Asia, and Africa, while also gaining initial traction in ASEAN markets.

A key driver of this international performance was the company's manufacturing facility in Ras Al Khaimah (RAK). Enhanced manufacturing capabilities at the RAK facility enabled Ashok Leyland to achieve its highest-ever production levels during the year, helping to offset regional challenges and support the company's global expansion.

By leveraging its upgraded RAK facility, entering new country markets, and focusing on local assembly and partnerships, the Chennai-headquartered company is positioning itself to bridge the gap between its current FY26 performance of 18,082 units and its medium-term goal of 25,000 export units.