Commercial Vehicles

Leading rating and research firm ICRA foresees electric buses (e-buses) to be at the forefront of India’s electrification drive, with the segment expected to witness healthy traction going forward. ICRA estimates e-...

The domestic tractor volumes continue to chart a growth story in the current fiscal, with the volumes expanding by 19.4% during April-February FY2018 (on a Y-o-Y basis). As per an ICRA note, while the growth in Agri...

The recent indication by the Sri Lankan Transport Ministry, to restrict the import of three-wheelers (3W) into the country due to increasing accidents rate and traffic congestion, if implemented may impact India’s 3...

The Indian commercial vehicle manufacturers are sitting on a sizeable stock of unsold inventory worth approximately Rs 4600 crore to Rs 5800 crore as a fallout of the Supreme Court ban on selling commercial vehicles...

Tractor volumes in domestic market have reported a positive growth trajectory during the fiscal 2016-17 (growth in volumes of 18.2% in 10months from April 2016 to January 2017 on a YoY basis) fuelled by favourable f...

There has been a recovery in tractor volumes across most large tractor markets with the exception of Northern region, with a pan India growth in volumes of 13.5% during April – July 2016 over the corresponding previ...

The financial year gone by (April 2015-March 2016) has been an extremely positive one for the Indian CV industry. Laggards are still there, but the overall performance is looking good. Now with the predictions that ...

It’s very evident that a lot of India’s economic growth is pegged to the new government that comes into power post election in May 2014. But again, no miracle can be expected. Leading credit rating agency, ICRA has ...