Ashok Leyland's sales growth may slip on poor rain

Newswire

KOLKATA, Aug 27 (Reuters) - Indian commercial vehicles maker Ashok Leyland's sales growth is seen down by 3-5 percent if poor monsoon persists in the remaining period of the current fiscal, a senior official said. The company is targeting a sales growth of around 7 percent in the second half of the current fiscal over the same period last year, under the normal circumstances, Rajiv Saharia, executive director-marketing, Ashok Leyland told reporters. "But if the monsoon happens to be ...

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