Your one stop shop to understanding the automobile sector in India
Yes.
Ashok Leyland generates closer to ~35000 crores from MHCV with ~30-32% market share in MHCV and even that includes a proportion of after sales units.
You have to remove dealer margins and body-building charges when comparing with what it may cost for the final consumer.
Market size of MHCV is 1.3 lac cr. Per unit value comes to just 35 lacs for MHCV. Are you sure about numbers?
Yes.
Ashok Leyland generates closer to ~35000 crores from MHCV with ~30-32% market share in MHCV and even that includes a proportion of after sales units.
You have to remove dealer margins and body-building charges when comparing with what it may cost for the final consumer.
Market size of MHCV is 1.3 lac cr. Per unit value comes to just 35 lacs for MHCV. Are you sure about numbers?