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Vehicle Modernisation Programme to boost CV sales

According to a CRISIL Research report, the Voluntary-Vehicle Modernisation Programme (V-VMP) announced by the Ministry of Road Transport & Highways can boost commercial vehicle (CV) sales volume by a cumulative 65 per cent (over sales in fiscal 2016) between fiscals 2018 and 2020.

Vehicle Modernisation Programme to boost CV sales

According to a CRISIL Research report, the Voluntary-Vehicle Modernisation Programme (V-VMP) announced by the Ministry of Road Transport & Highways can boost commercial vehicle (CV) sales volume by a cumulative 65 per cent (over sales in fiscal 2016) between fiscals 2018 and 2020.