{"id":874,"date":"2018-01-30T16:09:15","date_gmt":"2018-01-30T16:09:15","guid":{"rendered":"http:\/\/autobei-staging.com\/autoreports\/?post_type=product&p=2460"},"modified":"2025-04-26T16:59:39","modified_gmt":"2025-04-26T11:29:39","slug":"indian-heavy-duty-truck-market-analysis","status":"publish","type":"post","link":"https:\/\/www.autobei.com\/autoreports\/commercial-vehicle\/indian-heavy-duty-truck-market-analysis\/","title":{"rendered":"Indian Heavy Duty Truck Market Analysis"},"content":{"rendered":"

Indian Heavy Duty Truck Market Analysis is our latest Market Intelligence and Strategy Report.<\/p>\n

The Economic Survey 2018 has estimated that the Indian economy will grow by 7-7.5% in 2018-19. It is expected to be the fastest growing economy in the world.\u00a0The key growth drivers are the rollout of a nationwide Goods and Services Tax (GST) and the post-impact demonetization\u00a0in November 2016. Oil price is the short-term challenge for expected growth in GDP. It is projected that a $10 per barrel increase in the price of oil cuts growth by 0.2 to 0.3 percent.<\/p>\n

E-\u00a0way bill is also going to change the Indian logistic Industry. It is fully electronic paperless, It give access to faster movement of goods, Reduces time at the check post, Number of trips of trucks has been increased, Reduce operating\u00a0vehicle cost, and Increase Product lifecycle. With improving infrastructure the speed of the trucks increased from 30 to 40% and higher tonnage truck is in demand which reflects in more productivity of trucks.<\/p>\n

OEMs need to innovate products which would match the fleet owners demand and match with their business model along with the introduction of advanced technology. ACG interact with fleet owners regularly to forecast the demand analysis of Trucks, this is exclusive\u00a0methodology\u00a0which draws a realistic picture of future\u00a0Truck Industry.<\/p>\n

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Report Highlights:<\/strong><\/p>\n