The growth rate in production volume of light commercial vehicles across India in March 2017 was about 12.1 percent, up from about 9.4 percent in February 2017. In fiscal year 2019, the Indian commercial vehicle industry recorded an all time high with a sales volume of over a million units. Heavy trucks witnessed the largest growth within the segment that year.
Growth rate in production volume of light commercial vehicles in India from April 2016 to May 2017
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HDFC Bank. (May 9, 2017). Growth rate in production volume of light commercial vehicles in India from April 2016 to May 2017 [Graph]. In Statista. Retrieved April 20, 2025, from https://www.statista.com/statistics/828725/india-growth-rate-of-lcv-production-volume/
HDFC Bank. "Growth rate in production volume of light commercial vehicles in India from April 2016 to May 2017." Chart. May 9, 2017. Statista. Accessed April 20, 2025. https://www.statista.com/statistics/828725/india-growth-rate-of-lcv-production-volume/
HDFC Bank. (2017). Growth rate in production volume of light commercial vehicles in India from April 2016 to May 2017. Statista. Statista Inc.. Accessed: April 20, 2025. https://www.statista.com/statistics/828725/india-growth-rate-of-lcv-production-volume/
HDFC Bank. "Growth Rate in Production Volume of Light Commercial Vehicles in India from April 2016 to May 2017." Statista, Statista Inc., 9 May 2017, https://www.statista.com/statistics/828725/india-growth-rate-of-lcv-production-volume/
HDFC Bank, Growth rate in production volume of light commercial vehicles in India from April 2016 to May 2017 Statista, https://www.statista.com/statistics/828725/india-growth-rate-of-lcv-production-volume/ (last visited April 20, 2025)
Growth rate in production volume of light commercial vehicles in India from April 2016 to May 2017 [Graph], HDFC Bank, May 9, 2017. [Online]. Available: https://www.statista.com/statistics/828725/india-growth-rate-of-lcv-production-volume/