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12 Aug 2014 | South Asia, Middle East & North Africa | Market Research
Forecast of the Indian Commercial Vehicles (CV) Market
CVs are Expected to Witness a Moderate CAGR of 6.8% from FY2014 to FY2020
Massive urbanization will drive the growth of the LCV segment in India. The new government will focus on urbanization as an opportunity and create 100 more urban cities over the next 5 years. Urban consumption will be key to the 6.8% CAGR from FY2014 to FY2020. Additionally, upgrading Indias infrastructure will be a priority for the government to s...
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