Automotive logistics business is of prime importance to India’s economy. Almost 95 per cent of the vehicle movement is undertaken through road transport. Logistics costs, in such a situation, are estimated to be as high as 14 per cent of the GDP. Such a scale should make it essential for the industry to address growing complexities in the area of[Read More…]
Article by: CV LCVs remain an area of concern The Indian automotive industry produced a total of 9,784,602 vehicles including passenger vehicles, commercial vehicles, three wheelers and two wheelers in April-August 2015 as against 9,608,075 in April-August 2014, registering a marginal growth of 1.84 per cent over the same period last year. The Commercial Vehicles segment registered a growth of[Read More…]
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