Indian Commercial Vehicle Industry Receiving Impetus from New Market Entrants
The commercial vehicles segment of the Indian automobile industry is one of the most prosperous markets in the country with a potential to reach to new heights. The industry was not only able to sustain a normal growth rate during the recession period; it sprung back into action faster than any other industry in the post-recession period. This has been possible due to the persistent factors favoring the industry in India, which are a vast population and a related industrial...
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