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). The demand for M&HCVs is closely linked to activity in key end-user sectors such as infrastructure, transportation, and replacement demand.
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