Ashok Leyland Secures Top Position In Global Sustainalytics’ Ratings

Ashok Leyland Secures Top Position In Global Sustainalytics’ Ratings

Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, has secured the No. 1 global ranking in Sustainalytics' ESG Risk Rating for the Heavy Machinery and Trucks sector in Q3 FY25.

Ashok Leyland was evaluated by Sustainalytics on a number of ESG factors, including corporate governance, social responsibility and environmental management. Ashok Leyland's leadership in Environmental, Social and Governance (ESG) principles is demonstrated by this milestone, which emphasises the integration of sustainability into Business Operations, Product Stewardship, Corporate Social Responsibility and the wider ecosystem. The organisation's dedication to openness and improved disclosures solidifies its standing as a world leader in environmentally friendly corporate operations.

Shenu Agarwal, MD & CEO, Ashok Leyland, said, “We are honoured to be ranked No. 1 globally in Sustainalytics' ESG Risk Rating for Heavy Machinery & Trucks. This prestigious recognition reflects our steadfast commitment to ESG excellence. Being acknowledged by a globally renowned platform is a testament to Ashok Leyland’s dedication as we accelerate towards our vision of being amongst the Top 10 global commercial vehicle player.”

Alok Verma, Head – Corporate Strategy & ESG, Ashok Leyland, said, “We are thrilled to secure the top global ranking in Sustainalytics’ ESG Risk Rating. It is a testament to our relentless commitment to embedding sustainability into our core business strategy. At Ashok Leyland, we believe that integrating ESG into our core strategy not only strengthens our business but also ensures that we create long-term value for all our stakeholders. This recognition further motivates us to accelerate our journey towards a greener, more responsible future.”

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    NueGo Introduces Electric AC Sleeper Bus Service In India

    NueGo Electric

    NueGo, a leading player in electric bus service in the country, has launched what it claims is India’s first electric AC sleeper bus service for long-distance travel. 

    The company’s long-distance e-buses is set to ply on major routes such as Delhi –Amritsar, Bangalore – Chennai, Hyderabad – Rajahmundry, Chennai - Madurai, Vijayawada – Vishakhapatnam and Bangalore - Madhurai. 

    The electric sleeper buses are the first in India to be certified/homologated with 450 kWh HV battery providing higher range. They will also feature larger, ergonomic berths with backrests, soft-touch interiors, ambient LED lights, USB charging ports, reading lights, berth pockets and sanitation facilities.

    In terms of safety, the company claims the e-buses built on monocoque chassis provide better handling and stability, weight optimised GI tubular construction provides better energy efficiency, ABS brakes, full air suspension with ECAS and a rollover-engineered structure to provide protection to customers.

    Devndra Chawla, MD & CEO, GreenCell Mobility, said, “The launch of NueGo’s electric intercity sleeper bus service marks a significant milestone in India’s journey toward sustainable transportation. Designed to offer a safe, comfortable, and premium guest experience, these buses embody our unwavering commitment to a greener, cleaner future. By delivering seamless journeys with a strong focus on environmental The buses will come with a range of 350km per charge, which can be extended to 600km/day using fast-charging. Furthermore, the top speed is limited to 80 kmph for safety.

    NueGo is the premium electric bus coach brand from GreenCell Mobility.

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      Maruti Suzuki India Equips Super Carry With ESP

      Maruti Super Carry

      Maruti Suzuki India, one of the leading passenger vehicle manufacturers, has upgraded its popular offering the Super Carry with Electronic Stability Program (ESP) function.

      The Super Carry now has seven advanced safety features such as Anti-lock Braking System (ABS) to prevent wheel lock-up, Electronic Brake-force Distribution (EBD) to optimise braking across varying loads, Engine Drag Control (EDC) prevents wheel slip during sudden deceleration, Traction Control System (TCS) to provide grip on slippery surfaces, Rollover Prevention steps, Hydraulic Brake Assist (HBA) and ESP that provides stability around sharp turns.

      Partho Banerjee, Senior Executive Officer, Marketing and Sales, Maruti Suzuki India, said, “At Maruti Suzuki, we are committed to deliver vehicles that empower businesses with power, efficiency, safety, and reliability. The introduction of the Electronic Stability Program (ESP) in the Super Carry underscores our commitment to innovation and customer safety. Trusted for its power, comfort, low maintenance, and profitability, the Super Carry continues to be the ideal partner for our commercial customers. We thank them for their trust and look forward to driving their success together.”

      The Super Carry SCV comes with Maruti Suzuki’s 1.2L K-Series Dual Jet, Dual VVT engine and five-speed manual transmission.

      Maruti Suzuki Super Carry prices (Ex-showroom INR)
      Variant Price 
      Gasoline Deck 564,000
      Gasoline Cab Chassis 549,000
      CNG Deck 664,000
      CNG Cab Chassis 649,000

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        Slowdown in SCV and LCV Sales Weigh Heavy On February CV Sales

        Truck

        The commercial vehicle industry witnessed a decline of 1 percent in overall sales for February 2025.

        A total of 79,883 units were sold last month across segments as compared to 80,954 units for the same period last year.

        The country’s largest CV maker Tata Motors reported a 8 percent decline in overall sales, with SCV Cargo and Pickup segment witnessing the sharpest drop (-20 percent YoY). The ILMCV Trucks segment, however, showed growth at 11 percent.

        Mahindra & Mahindra reported a 4 percent increase in total sales, driven by a 9 percent rise in LCV (2T-3.5T) and a 23 percent jump in LCV >3.5T & M&HCV. However, the LCV < 2T segment dropped 21 percent.

        Ashok Leyland experienced modest growth (2 percent overall), with M&HCV Trucks (+1 percent) and LCV (+5 percent) offsetting the M&HCV Bus decline (-5 percent).

        Volvo Eicher Commercial Vehicles grew 6 percent YoY, indicating steady demand.

        The slight market decline was led by weaker small commercial vehicle (SCV) and passenger carrier demand, affecting Tata Motors significantly. However, medium & heavy commercial vehicle (M&HCV) trucks and LCVs in the 2T-3.5T range showed resilience, benefiting Mahindra & Mahindra and Ashok Leyland.

        While challenges remain in certain segments, sustained growth in the LCV and HCV categories suggests stable demand in core logistics and transportation sectors.

        COMMERCIAL VEHICLE SALES IN INDIA
        Company and Segment Feb '25 Feb '24 Change (in units) Change (in %)
              YoY YoY
        Tata Motors        
        HCV Trucks 9,892 10,091 -199 -2%
        ILMCV Trucks 5,652 5,083 569 11%
        Passenger Carriers 4,355 4,692 -337 -7%
        SCV Cargo and Pickup 10,898 13,701 -2,803 -20%
        Total 30,797 33,567 -2,770 -8%
        Mahindra & Mahindra        
        LCV < 2T 3,290 4,146 -856 -21%
        LCV 2 T – 3.5 T 19,155 17,554 1,601 9%
        LCV > 3.5T + M&HCV 1,381 1125 256 23%
        Total 23,826 22,825 1,001 4%
        Ashok Leyland        
        M&HCV Trucks 8,922 8,837 85 1%
        M&HCV Bus 2,564 2700 -136 -5%
        LCV 6,417 6,095 322 5%
        Total 17,903 17,632 271 2%
        Volvo Eicher CV        
          7,357 6,930 427 6%
        Total 79,883 80,954 -1,071 -1%

        Representational image: IEA

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          JCBL Delivers 106 custom-designed staff buses to Mahindra

          JCBL - Mahindra

          JCBL, a leading bus bodybuilder, has delivered 106 custom-designed staff buses to Mahindra & Mahindra in a record time of three months.

          The buses feature 17-inch-wide seats, driver’s cabin partition, digital LED route displays, USB charging points and fans on each seat row. A TV and a six-speaker music system are also incorporated to provide entertainment on the go.

          In terms of safety, the buses are equipped with pneumatic passenger door with safety sensor, seatbelts, CCTV cameras with a 30-day recording capacity, panic switches, anti-rust treatment and a Fire Detection and Alarm System (FDAS).

          Dinesh Dua, Business Head, JCBL, said, “This project is a testament to our commitment to delivering high-quality, safe, and innovative mobility solutions. Completing one of India’s largest single-customer staff bus orders within just three months reflects our dedication to excellence and customer satisfaction.”

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