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The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
CVs are Expected to Witness a Moderate CAGR of 6.8% from FY2014 to FY2020
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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 India's infrastructure will be a priority for the government to speed up the demand for goods carriers in the M&HCV segments, which is expected to witness a CAGR of 6.9%.
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