The CV industry in India grew by 20 per cent in FY2017-18 according to a report by an analyst firm ICRA. Heavy Commercial Vehicles (HCVs) outperformed the industry with a growth of 28 per cent at 2.12 lakh unit in FY2017-18. Driven by healthy demand from end-user industries, especially automobiles, container traffic and bulk materials according to Subrata Ray, Sr.[Read More…]
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