Growth rate of MHCV production volume in India 2016-2017

The growth rate in production volume of medium and heavy commercial vehicles across India in March 2017 was about six percent, up from about five percent in February 2017. In fiscal year 2019, the Indian commercial vehicle industry recorded an all time high with a sales volume of over a million units. Heavy trucks witnessed the largest growth within the segment that year.

Growth rate in production volume of medium and heavy commercial vehicles in India from April 2016 to May 2017

Growth rate
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Sources

Release date

2017

Region

India

Survey time period

April 2016 to March 2017

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Statistics on "Automotive industry in India"

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