DUBLIN—Research and Markets has announced the addition of the "India Commercial Vehicles Market - Forecast and Opportunities, 2021" report to their offering.

The market of commercial vehicles in India is projected to grow at a CAGR of over 14%, in value terms, during 2017-2022.

Indian has emerged as one of the largest markets for commercial vehicles globally. Growth of India commercial vehicles market is underpinned by various macro and micro economic factors, which impact the allied industries responsible for generating commercial vehicles demand in the country.

Construction, logistics, mining, and passenger transportation are few of the major allied industries that require commercial vehicles. Most of the industry players in India commercial vehicles market have their production facility in the country to cater to domestic demands along with exports to various countries, as the exports volume of commercial vehicles across the segments outperformed the imports volume in FY2016.

Rising infrastructure development projects across the country, tentative replacement of old commercial vehicles fleet on account of implementation of stringent emission norms, growing manufacturing and logistics sectors, and increasing focus on tourism and hospitality sector by central and various state governments are few of the major factors projected to propel India commercial vehicles market over the course of next five years.

Companies Mentioned:

  • AMW Motors Ltd.
  • Ashok Leyland Limited
  • Daimler India Commercial Vehicles Pvt. Ltd.
  • Force Motors Limited
  • Hindustan Motors Limited
  • Mahindra & Mahindra Limited
  • Piaggio Vehicles Private Limited
  • SML Isuzu Limited
  • Tata Motors Limited
  • VE Commercial Vehicles Limited

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Analyst View

4. India Commercial Vehicles Market Outlook

5. India Heavy Commercial Vehicles (HCVs) Market Outlook

6. India Light Commercial Vehicles (LCVs) Market Outlook

7. India Medium Commercial Vehicles (MCVs) Market Outlook

8. Import-Export Analysis

9. Supply Chain Analysis

10. Market Dynamics

11. Policy & Regulatory Landscape

12. Market Trends & Developments

13. India Economic Profile

14. Competitive Landscape

15. Strategic Recommendations

For more information about this report visit http://www.researchandmarkets.com/research/9l3557/india_commercial

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Related Topics: Logistics, Mining Equipment, Public Transport , Infrastructure Construction