Ashok Leyland Q3: There might be a moderation in growth in Q4 because of the effect of the upcoming elections and the high base of last year. But the country is behaving differently and it may not be right to look at the history and project the future, the company said.
Switch Mobility Investment: Ashok Leyland s electric vehicle arm, Switch Mobility, seeks external investments cautiously, prioritizing the right strategic partner at the right valuation. The company remains open to individual investment until an ideal ally is secured, with a focus on developing robust products and technology maturity. Switch India anticipates being cash neutral or positive, while Switch UK may require additional investments in FY25 due to the European and UK markets subdued performance.