India's commercial vehicle sector is experiencing a resurgence, with Ashok Leyland poised to benefit significantly. The company has seen strong growth in its Light Commercial Vehicle (LCV) segment, particularly the Saathi model, and the 2-4 tonne category, boosted by a GST rate cut that reduced acquisition costs. Ashok Leyland also increased its market share in both Medium and Heavy Commercial Vehicles (MHCV) and LCVs during H1FY26. Exports have surged year-on-year, driven by demand from the GCC, Africa, and SAARC regions.