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Moderate revenue growth expected for CV makers next fiscal: CRISIL | Autocar Professional

Baua Electric

MARCH 1, 2024

The growth is expected to be driven primarily by price hikes, as volume growth is forecasted to be modest for medium and heavy CVs (M&HCVs) and flat for light CVs (LCVs). Despite challenges, operating margins are expected to maintain pre-pandemic peaks of around 10%, supported by price hikes and stable raw material prices.

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‘The macroeconomic landscape hasn’t been ideal this year:’ Raman Mittal | Autocar Professional

Baua Electric

JANUARY 7, 2024

Can you throw some light on how the year 2023 has been for the tractor from an industry perspective? Given the sluggish demand and higher input cost in the recent past, how is the pricing scenario? Have price hikes impacted the farmer sentiments? India is now the biggest tractor industry globally. percent decline until November.

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