Indian Commercial Vehicle Strategy Analysis FY 2016 is the latest report give in-depth Technical and Market information. M&HCV Industry seeing strong demand conditions powered by constant replacement demand and initial fleet expansion due to positive market sentiments. Growth was driven by volume expansion across all application segment. In FY 2016, CV Industry grew by 12%, M&HCV segment grew in the double-digit of 30%, LCV segment is almost flat by registering 0.30% growth.
On the other hand, LCV segment continues to weaken. Some segment showed mix response of positive and negative growth. Tata Motors is the market leader in Commercial vehicle segment with more than 44% in FY 2016.
Report Highlights:
Indian Electric Truck Model and Variant-wise Sales Data Trend and Forecast is our Exclusive database, providing…
We have released the Indian Electric car model-wise sales data for 2020 to 2025, on…
BharatBenz Truck Strategy: The Road Ahead is the detailed report. DICV is focusing on the…
Indian Truck and Bus Model Variants-wise Sales Data is our exclusive data, which 100% market…
The Indian automotive market recorded 5.1% sales growth in 2025 compared to 2024. The Indian…
We have prepared detailed plans for designing an Electric Car Entry Strategy for the Indian…