CV Industry is likely to witness 6-8% growth in FY2017-18
Aided by higher budgetary allocation towards infrastructure and rural sectors, and the potential implementation of scrappage program, the CV industry, claim industry sources, will witness six to eight per cent growth in FY2017-18. Sources stress on a rise in replacement demand due to the two developments mentioned above. As of current, CV OEMs are estimated to have an inventory of[Read More…]