USD
GBP 
CNY 
EUR 
INR 
JPY 
MYR 
ZAR 
KRW 
THB 
Opportunities & Challenges, 2017
26-Jun-2017
Global
Market Research
9AB2-00-6E-00-00
AU01501-GL-MR_20301
With growing volumes, regulatory changes and entry of new global players, the Indian Heavy Duty (HD) truck industry is undergoing a transformative switch from basic economy trucks to value trucks. Higher reliability and productivity are the major benefits of Value trucks with overall cost of ownership being the major USP. With lower availability of drivers, importance of comfort and safety is increasing for higher retention. Value added services must be packaged in value truck offerings to make it a more attractive proposition.
Key aspects this Industry Docket looks at:
• The Evolution of Indian HD trucks
• Potential of Value Trucks in India
• Driving Forces of Change in the Indian HD Market
• OEM Strategies for the HD trucks segment
Changing Customer Needs & Expectations from HD trucks
Scope & Limitations
Indian HD trucks are catching up on power to weight ratio; will mostly reach current levels of China and South Africa in the coming 3-4 years
Value truck segment will be the major driver of growth, profits will come from value offerings
Value trucks have immense potential in South Asia, ASEAN, Africa and the Middle East; OEMs should look at the larger market
Harmonization of Engine platforms toward value truck configuration indicates Global focus on value trucks
A clear shift toward higher tonnage segments is observed; future HD trucks should have higher payload capacity
GDP to grow above 7% for next 5 years. India to be one of the fastest growing HD truck markets in the world
31T and 37T segment will more than double; Base platforms to be designed for these segments
Cement, Parcel, Coal, infra development to drive demand; Truck makers to explore customized solutions for better returns
All OEMs are further developing their Value offerings; Competition expected to intensify from 2020
With their technology being future-ready, new entrants BharatBenz and VECV to be formidable players in the coming decade
Future trucks need to be more productive and reliable
Importance of Reliability, Turnaround time, Safety, Payload and power will increase; OEMs to focus on these parameters for future truck design
With better roads, customer will demand better trucks; higher reliability, lower downtime will be the key requirements
Customers willing to pay up to INR 200,000 more for trouble-free AMT; Global experience indicates 5% increase in cost for AMT
BS-VI implementation will increase truck prices by 20-25%; OEMs must add more features to the truck to have a higher perceived value to the customer
Remote diagnostics & preventive maintenance will lead to better ownership experience; OEMs should have a proactive approach toward truck service
Parts availability will be more important than price competitiveness; OEMs should focus on network closer to the customer to ensure parts availability
Strict regulation, more competition would be the norm;Future trucks should be more productive, comfortable and safe
Moving on…
Maximize Opportunities from existing products and markets; systematically explore new products, markets, including Inorganic Opportunities
Our Growth Consulting Canvas
Legal Disclaimer
Speak directly with our analytics experts for tailored recommendations.
Recent related Automotive research
10 Sep 2026 | Global | Market Research
Global Robobus Market, 2026–2032
The global robobus market is at an inflection point. Large autonomous buses are no longer a concept—they are running as paid public services in China, South Korea, Norway, Switzerland, Finland, and the Netherlands. Europe is in its first wave of real deployment, with active L4 commercial service acr...
03 Sep 2026 | Global | Technology Research
Photonic and Optical Computing Chips for AI and Data Center Acceleration
The study evaluates photonic and optical computing technologies as critical enablers of next-generation AI infrastructure, addressing growing bandwidth, latency, power consumption, and scalability constraints associated with copper-based interconnects. The analysis covers photonic integrated circuit...
02 Sep 2026 | Global | Frost Radar
Frost Radar™: In-Vehicle Audio Technology Stacks, 2026
The in-vehicle entertainment industry is going through a dynamic shift. Audio entertainment in the passenger vehicle is no longer limited to music playback through multiple sources. The rise of ADAS/AD and SDVs have made audio a critical part of the passenger vehicle. Audio developers must now cater...
31 Aug 2026 | Global | Market Outlook
Off-Highway Equipment Market Predictions and Growth Opportunities, Global, 2026
The global off-highway (OHW) equipment industry enters 2026 amid a complex and evolving macroeconomic environment characterized by geopolitical uncertainty, energy price volatility, and shifting trade dynamics. While the baseline outlook suggests moderate global GDP growth of about 3%, downside scen...
28 Aug 2026 | Latin America | Market Outlook
Growth Opportunities in the Latin American Automotive Industry, 2026
In 2025, three major light vehicle (LV) markets in Latin America—Argentina, Brazil, and Mexico—sold 4.8 million units, representing an 8% year-over-year (YoY) growth. It surpassed the 2019 sales figure for the first time, increasing by 345,800 units. The electrified vehicle (xEV) industry also expan...
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Lightbox Content | Investment Opportunities in India|More growth opportunities|https://store.frost.com/investment-opportunities-in-india.html |
| Author | Sunny Manjani |
| Industries | Automotive |
| WIP Number | 9AB2-00-6E-00-00 |
| Is Prebook | No |
Indian Heavy Duty Truck Market Outlook
$1,500.00
Special Price $1,125.00 save 25 %