Tag Archives: Indian commercial vehicles Industry

Commercial Vehicles Market in India to Reach $ 21.9 Billion by FY 2023: TechSci Research Latest Report

According to TechSci Research report, India Commercial Vehicles Market Research Report By Vehicle Type, Competition Forecast & Opportunities, 2023”, commercial vehicles market in India is anticipated to reach $ 21.9 billion by FY 2023. Growth in the market is anticipated on account of expanding infrastructure sector, growing manufacturing industry, booming e-retail sector coupled with fast developing logistics sector. Moreover, favorable government initiatives aimed at development of strong and sustainable infrastructure across various sectors is further expected to fuel demand for commercial vehicles in India over the course of next five years.

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