The Indian M&HCV industry is set for growth, driven by rising replacement demand and improving fleet economics, says Nomura.
Asianet Newsable on MSN
Indian M&HCV sector set for upcycle, growth seen at 8-10%: Nomura
The Indian M&HCV industry is poised for an upcycle with projected growth of 8% in FY26 and 10% in FY27, says a Nomura report.
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 ...
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