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Small, Light, Intermediate, medium and heavy vehicles growth over next decade will be backed by Growing economy, increasing rural consumption, year on on growth in E Commerce business, huge spends on infrastructure, roads and bridges
Passenger vehicles growth in coming years will be backed up growing working population, more and more rural India participation in the country’s growth, increasing urbanisation, better road connectivity and preference for shared transportation
Tractors, harvestors and equipments will see growth in the coming years because of continued participation of agriculture in economic growth, focus on increasing productivity, increase use of machines and equipments in mechanization of farming
Construction equipments and machineries growth will be backed by growing economy, continued focus on infrastructure building to build environment conducive for continued investments in manufacturing and business by players from across the Country
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