Indian CV Industry volumes set to hit record high; growth to moderate at 5–6% this fiscal
GST-led recovery sustains momentum; West Asia crisis may impact exports and margins India’s commercial vehicle (CV) industry is expected to reach a record volume of approximately 12.4 lakh units in fiscal 2027, surpassing the previous peak seen in fiscal 2019. This follows a strong rebound of 13% in fiscal 2026. However, on a higher base, […]
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