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Mega Trends Shaping India's Commercial Truck Industry

Demand for commercial vehicles in India is likely to grow at a compound annual rate of 15% between 2011-2012 and 2016-2017, driving the market from 800,000 units to 1.6 million units.
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Demand for commercial vehicles in India is likely to grow at a compound annual rate of 15% between 2011-2012 and 2016-2017, driving the market from 800,000 units to 1.6 million units. EY says sales will be driven by India's economic growth, including the emergence of more than six cities with populations greater than 10 million each and 63 cities with populations of more than 1 million by 2025.

This two-page summary of a detailed analysis by EY's Global Automotive Center identifies six mega trends that will drive India's commercial vehicle market.

To learn more about the EY Global Automotive Center, click HERE.

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