In fiscal year 2018, the production volume of medium and heavy commercial vehicles across India was around 344 thousand units. 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.
Production volume of medium and heavy commercial vehicles across India from financial year 2008 to 2018 (in 1,000s)
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Ministry of Road Transport and Highways (India). (January 8, 2020). Production volume of medium and heavy commercial vehicles across India from financial year 2008 to 2018 (in 1,000s) [Graph]. In Statista. Retrieved January 17, 2021, from https://www.statista.com/statistics/828814/india-production-volume-of-mhcv/
Ministry of Road Transport and Highways (India). "Production volume of medium and heavy commercial vehicles across India from financial year 2008 to 2018 (in 1,000s)." Chart. January 8, 2020. Statista. Accessed January 17, 2021. https://www.statista.com/statistics/828814/india-production-volume-of-mhcv/
Ministry of Road Transport and Highways (India). (2020). Production volume of medium and heavy commercial vehicles across India from financial year 2008 to 2018 (in 1,000s). Statista. Statista Inc.. Accessed: January 17, 2021. https://www.statista.com/statistics/828814/india-production-volume-of-mhcv/
Ministry of Road Transport and Highways (India). "Production Volume of Medium and Heavy Commercial Vehicles across India from Financial Year 2008 to 2018 (in 1,000s)." Statista, Statista Inc., 8 Jan 2020, https://www.statista.com/statistics/828814/india-production-volume-of-mhcv/
Ministry of Road Transport and Highways (India), Production volume of medium and heavy commercial vehicles across India from financial year 2008 to 2018 (in 1,000s) Statista, https://www.statista.com/statistics/828814/india-production-volume-of-mhcv/ (last visited January 17, 2021)