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Change rate of medium and heavy commercial vehicle sales in India FY 2011-2022

Published by
Shangliao Sun,
Nov 30, 2022
In fiscal year 2022, the medium and heavy commercial vehicles witness an increase in the sales volume by 50 percent, in comparison to the previous year. There were significant decrease in 2020 and 2021, some of the reasons for this change were the economic impact of coronavirus pandemic, and changes in axle load norms, allowing the vehicle owners to carry more load, changes in pollution norms.

Change rate of medium and heavy commercial vehicle sales in India from financial year 2011 to 2022

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Release date

July 2022

Region

India

Survey time period

FY 2011 to FY 2022

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2020 started in April 2019 and ended in March 2020.

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