India's medium and heavy commercial vehicles entering the next upcycle

The Indian medium and heavy commercial vehicle industry is poised for an upcycle, with volumes projected to grow 8% in FY26 and 10% in FY27. Improving fundamentals like rising freight rates, GST benefits, and aging trucks are driving replacement demand and fleet operator profitability, signaling a sustained recovery.

from Auto-Industry-Economic Times https://ift.tt/Zeu8Bcp