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12 Aug 2014  |  South Asia, Middle East & North Africa

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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09 Jul 2014  |  South Asia, Middle East & North Africa

Strategic Outlook for Construction and Mining Equipment Market in India

Construction and Mining Equipment Market in India Poised to Experience Demand of Over 160 Thousand Units by 2018

Total demand for select construction and mining equipment market in India was found to be 105,811 units in FY2013. The market for new C&ME is likely to grow at a CAGR of 9.6% to 166,876 units in FY2018. Large allocations by government to public projects such as NHDP, Metro, and BRTS in India and strong emphasis on construction and real estate is li...

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02 Jun 2014  |  South Asia, Middle East & North Africa

Strategic Assessment of Electric and Hybrid Vehicles Market in India

Framework and Ecosystem Fostering EV and Hybrid Vehicle Market

The total electric and hybrid vehicle market is in a formative stage in India, except for the two-wheeler market, which is gradually creating opportunities for OEMs. Intermittent support from the government, without the kind that allows OEMs to grow consistently, curbed the market growth in the past. This research for the industry under study was b...

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