In fiscal year 2023, the commercial vehicles witnessed an increase in the sales volume by almost 34 percent, in comparison to the preceding year. Financial year 2021 saw two years of decrease, some of the reasons for this were changes in axle load norms, allowing the vehicle owners to carry more load, changes in pollution norms, and a general slowdown of the economy.
Change rate of commercial vehicle sales in India from financial year 2002 to 2023
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Ashok Leyland. (June 27, 2023). Change rate of commercial vehicle sales in India from financial year 2002 to 2023 [Graph]. In Statista. Retrieved September 18, 2024, from https://www.statista.com/statistics/1199091/india-growth-rate-of-commercial-vehicle-sales/
Ashok Leyland. "Change rate of commercial vehicle sales in India from financial year 2002 to 2023." Chart. June 27, 2023. Statista. Accessed September 18, 2024. https://www.statista.com/statistics/1199091/india-growth-rate-of-commercial-vehicle-sales/
Ashok Leyland. (2023). Change rate of commercial vehicle sales in India from financial year 2002 to 2023. Statista. Statista Inc.. Accessed: September 18, 2024. https://www.statista.com/statistics/1199091/india-growth-rate-of-commercial-vehicle-sales/
Ashok Leyland. "Change Rate of Commercial Vehicle Sales in India from Financial Year 2002 to 2023." Statista, Statista Inc., 27 Jun 2023, https://www.statista.com/statistics/1199091/india-growth-rate-of-commercial-vehicle-sales/
Ashok Leyland, Change rate of commercial vehicle sales in India from financial year 2002 to 2023 Statista, https://www.statista.com/statistics/1199091/india-growth-rate-of-commercial-vehicle-sales/ (last visited September 18, 2024)
Change rate of commercial vehicle sales in India from financial year 2002 to 2023 [Graph], Ashok Leyland, June 27, 2023. [Online]. Available: https://www.statista.com/statistics/1199091/india-growth-rate-of-commercial-vehicle-sales/