For the current year Eicher has experienced more than 125% growth in the HCV segment particularly higher than 25T segment.
Although the base was smaller for Eicher (only 500 sold last year 2010-11), but the growth has been stupendous for the current year. Till Jan 2012 they had already sold more than 1100 units.
Eicher also experience significant growth in 16T-25T segment this year, growing by 58% y-o-y.
They have also grown by 46.5% in the MCV segment (12T-16T) this year. Overall growth for Eicher has been 22% largely driven by HCV and MCV segments. However, they experienced moderate growths in LCV where they already had a larger base.
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