Ashok Leyland Ltd., one of India’s leading commercial vehicle manufacturers, posted a robust 16% year-on-year increase in sales for October, reflecting a steady resurgence in industrial and logistics activity. The company’s strong performance was powered by higher demand across medium and heavy commercial vehicles (M&HCVs), as well as growth in the light commercial vehicle (LCV) segment. Analysts attribute this uptick to festive-season momentum, infrastructure expansion, and fleet modernization.