Heavy-duty truck sales may cross 2.80 lakh units this year

Sale of heavy-duty trucks in India is expected to cross 2.80 lakh units this year, thanks to the government’s focus on infrastructure and core sectors, a top industry executive today said.

According to Vinod Aggarwal, CEO of VE Commercial Vehicles (VECV), the commercial vehicle industry has finally come out of the recession.

“Looking at the current pace of the economy and huge investments, we may well surpass the peak by the end of this fiscal. We expect that it may go beyond 2.80 lakh units,” said Aggarwal.

“The economy is doing good, mainly due to the huge investments being made by the Centre in infrastructure and core sector projects such as roads, ports, mining, railways and smart cities,” said Aggarwal on the sidelines of the launch ‘Eicher Pro 6037’ truck here.

“This investment is driving the growth of heavy-duty truck segment. The government doing a good job.”

He said further the heavy-duty truck industry saw a decent 35 per cent growth in 2015-16 as

Heavy-duty truck sales may cross 2.80 lakh units this year

Heavy-duty truck sales may cross 2.80 lakh units this year

around 2.28 lakh trucks were sold.

He is remains bullish on the LMD segment.


Source: http://goo.gl/z4hwjn

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2 Responses

  1. Goldee thakur says:

    No..thats not true…people who had handle transportation business take even more risk to earn money to purchase commeercial vehicle.iam 100 % sure bcoz of falling this business u cant earn averge by a single truck.bt ohle aisa nhi tha phle aap ek truck se bhi munafaa kamaa lete the…bt ab kuch bhi certain nahi h jisse aapko jyada se jyada isme involvation dikhana padegaa.sorry aapki sale jyada huyi h ye kahiye ye na khiye ki govt ki polocy ka kuch advntage hua h.warnaa bechaara middle class aadmi ke paas inataallment dene ke baad zeher ke liye bhi paisaa nhi rhta…fake

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