Ashok Leyland Plans ₹1,000-Crore Capex for FY26, Eyes Strategic Investments in Group Cos
India’s second-largest commercial vehicle maker, Ashok Leyland, has reaffirmed its commitment to future growth by maintaining its capital expenditure at ₹1,000 crore for FY26, mirroring the outlay in FY25. The company also indicated it will continue to strategically invest in key group subsidiaries like Switch Mobility’s India unit and Hinduja Leyland Finance, depending on emerging requirements.
“In FY25, we incurred close to ₹1,000 crore of capex, and we will incur a similar kind of capex in the coming year as well,” said K.M. Balaji, Chief Financial Officer, during the company’s post-earnings briefing.
Balaji further noted that group-level investments in FY26 will be calibrated…
