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ICRA: M&HCV (Truck) Industry to grow by 19-21% in FY16 while LCV (Trucks) continue see some challenges
ICRA expects the M&HCV (Trucks) industry to grow by 19-21 % in FY16 owing to improving viability for fleet operators, replacement-led demand (following two years of capacity deferral by fleet operators). Gradual improvements in these […]