Sunday, March 4, 2012

Apr-Jan 2011 Growth Numbers of Indian Commercial Vehicle Industry

The Growth Segment for the Indian Commercial Vehicle Industry clearly seems to be two fold:

1) LCV (less than 3.5 Ton)
2) Tractors (35 - 40 T)

You can see the growth from April 2011 to Jan 2012 in the table below:













If you analyse the LCV segment as well, the growth has been largely in the ACE TIPPER (1 TON) segment. The Largest players in the segment are TATA Motors, Mahindra and Mahindra and Piaggio.

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