The study reveals that sales of commercial vehicles, particularly light commercial goods carriers, are touching new heights both in domestic and export markets. The growing construction industry along with commercial development has opened new vistas for light commercial goods carriers. In coming years also, we anticipate this trend to remain applicable, which will enable almost double-digit production and demand growth in this segment.
“India Commercial Vehicle Market Analysis” is an outcome of extensive research and thorough analysis of the burgeoning Commercial Vehicle, Utility Vehicle and Multipurpose Vehicle markets in India. The report discusses the market structure, current and past market performance and factors critical to the success of the concerned industry in India. We have identified all the key players in the Competitor Analysis section of the report. The section talks about the business profile and strategic moves of the leading players operating in the sector. In addition, separate analysis of M&As and regulatory environment facilitates a complete understanding of the market necessary for strategy formation.
Most importantly, the report gives industry forecast based on correlation of past drivers, challenges and opportunities for expansion. In this way, the report is a complete solution for the clients looking to enter the market through joint ventures or as investors.
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