After an extraordinary FY2020-21, the CV industry is up for another extraordinary year it looks like. The second Covid-19 wave at the beginning of FY2021-22 has disrupted the acquired momentum. The macro economic indicators – the RBI’s original GDP growth forecast for FY2021-22 of 10.5 per cent as well as the Q1 FY2021-22 forecast of 26.2 per cent is unlikely[Read More…]
The driver to the truck ratio in India is an estimated 750 to 1000. The scarcity of truck drivers is no secret. Of the estimated 20 lakh truck drivers in the country, a large number of them have risen from the ranks of spotters and cleaners. They are thus products of weak economic strata with little education to boast of.[Read More…]
Tata Motors has announced the launch of a new brand ‘XPRES,’ exclusively for fleet customers. Under the XPRES brand, the company will introduce offerings, catering to fleet specific needs of safety, passenger comfort and low cost of ownership. All vehicles for the fleet segment will sport an elegantly designed XPRES badge, clearly differentiating them from the growing ‘New Forever’ range[Read More…]
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