The Economic Times

India's commercial vehicle volumes to hit 12.4 lakh units in FY27 surpassing previous peak: Crisil

India's commercial vehicle sector is set for a record year in fiscal 2027, reaching 12.4 lakh units. Growth is expected to settle at 5-6 percent following a robust rebound. Domestic demand will be driven by infrastructure projects and replacement needs. Exports may see disruptions due to the West Asia crisis. Revenue growth is anticipated to slightly exceed volume expansion.