Search For "indian commercial vehicle industry"
Indian commercial vehicle industry poised for upcycle as replacement deman
Updated : 2 months, 3 weeks ago IST
The Indian medium and heavy commercial vehicle (M&HCV) industry appears to be entering the next upcycle, with industry volumes estimated to grow by around 8 per cent year-on-year in FY26 and 10 per cent in FY27, following a period of modest growth, according to a report by Nomura.
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Sustained infra push, increased mining and replacement demand will boost C
Updated : 11 months ago IST
According to Kinjal Shah, Senior Vice President & Co-Group Head, ICRA, "ICRA expects the long-term growth drivers for the domestic CV industry to remain intact. The sustained push in infrastructure development (evidenced by the higher infrastructure capital outlay in the recent budget
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Domestic commercial vehicle industry on recovery path, sales to grow 12 -1
Updated : 3 years, 6 months ago IST
New Delhi [India], August 19 (ANI): Indian commercial vehicle industry is on the road to recovery and is expected to witness a growth (in volume) of 12-15 per cent in 2022-23 (April-March), rating agency ICRA said in a report.
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