Moderate revenue growth expected for CV makers next fiscal: CRISIL | Autocar Professional
Baua Electric
MARCH 1, 2024
Domestic sales, accounting for over 90% of total volume, are expected to approach the previous peak of ~10 lakh units seen in fiscal 2019. Conversely, export volumes are likely to remain sluggish due to inflationary pressures and economic slowdowns in key markets such as Sri Lanka, Africa, and Latin America.
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