Nomura: Indian Commercial Vehicle Sector Poised for Upcycle
Nomura Research sees a strong upcycle for India's commercial vehicle industry driven by fleet replacement demand and economic growth. Read the full analysis.
Category : Search result: CV upcycle
Indian Truck Industry Enters New Upcycle: Nomura Report
India's medium and heavy commercial vehicle industry is entering a growth phase, with volumes set to rise 8% in FY26 and 10% in FY27, driven by replacement demand and better freight rates. Read the full analysis.
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