India News

Medium, heavy CV sales to rise as economic activity gathers speed
Writer Admin

Sales of medium and heavy commercial vehicles are expected to improve over the next few months buoyed by a pickup in construction and mining activities, demand for raw materials, and the government’s focus on developing infrastructure projects, industry.

 

Demand for medium and heavy commercial vehicles (M&HCVs) – an indicator of economic health – has improved sequentially since July 2020 and the trend is expected to continue in the current quarter