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CV industry expects turnaround in H2FY25

During FY24, the CV industry faced unexpected challenges, resulting in muted volume growth of 0.7 per cent.

Poised for growth

With the mining segment getting government support in a big way, the truck and tipper segment will witness growing demand in the days to come.

Shriram Automall, Ashok Leyland ink pact for pre-owned truck biz

Shriram Automall India (SAMIL), a platform for pre-owned vehicles and equipment, has signed an agreement with Ashok Leyland to launch an exclusive platform for pre-owned commercial vehicles.

Shriram Automall inks pact with Ashok Leyland for pre-owned truck business

The phygital platform will facilitate an exchange, disposal and purchase of old vehicles.

Saraswat of Ashok Leyland: Tipper market will grow over next few years

Sanjay Saraswat, Head – MHCV, Ashok Leyland, on how the market is progressing for tipper trucks and dump trucks.

Keeping up with industry trends

Despite slowdown in the automotive industry, all the leading manufacturers of tippers and trucks have transitioned to BS-VI emission standards.

Tipper market is projected to grow at good pace over next few years”

The tipper market is projected to grow at a good pace over the next few years, owing to increasing number of infrastructure projects and availability of easy financing options offered by financial institutions.

Tata Motors Construck – Surface Transport Tipper (STT) Range

In spite of a challenging global pandemic environment during last fiscal, the construction application range of MHCV trucks witnessed a positive growth. In FY2021-22, driven by the strong demand from infrastructure and construction projects, focused push for inter-state connectivity and NIP implementation, enhanced production of coal, ore and minerals on the back of increased industrial output and a good monsoon forecast are the lead indicators for the continued rise in growth rate.

Tata Motors Construck – Surface Transport Tipper (STT) Range

In spite of a challenging global pandemic environment during last fiscal, the construction application range of MHCV trucks witnessed a positive growth. In FY2021-22, driven by the strong demand from infrastructure and construction projects, focused push for inter-state connectivity and NIP implementation, enhanced production of coal, ore and minerals on the back of increased industrial output and a good monsoon forecast are the lead indicators for the continued rise in growth rate.

Tata Motors Construck – Surface Transport Tipper (STT) range

In spite of a challenging global pandemic environment during last fiscal, the construction application range of MHCV trucks witnessed a positive growth.

There is clear room for the market to grow

Rajaram Krishnamurthy, Vice President - Marketing & Sales and Customer Services, DICV, shares his thoughts on the market scenario and the company’s strategy going forward.

We are in line with the BS VI implementation timelines

The HCV volumes of Mahindra has grown considerably in FY18, with an enormous growth in the market share. Vinod Sahay, CEO - Mahindra Truck and Bus Division, Mahindra Construction Equipment Division, Mahindra & Mahindra shares more on the company's plans in line with the market developments.

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