The growth of Commercial vehicles in the Indian Automobile Industry has shown without doubt, the strides in Indian economy we have taken and its indicators are prominent and proof of this too. The market is expected to show a tremendous growth in the CV Industry. The growth in the Truck segment is a very minute 5% compared to the growth of passenger vehicles which has doubled to almost 9%. The 5% growth in the truck industry can be attributed to the sale of 52,481 units excluding brands like BharatBenz, MAN and Scania.
Source: Autobei
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