"commercial-vehicles"

The expanded portfolio addresses cargo and passenger mobility needs while reinforcing India’s growing automobile sector footprint abroad

Reasons for the companies to announce price hikes include appreciation of US Dollar against the rupee impacting on input costs, tepid demand for entry-level vehicles, and number of features getting added in the cars

The company will increase prices depending on individual model and variant

Under the pilot project, the company along with IOCL will run the trucks on three routes for 18 months

RTO authorities has noticed a growing trend when white board vehicles are being used for commercial purposes, leading to significant financial losses to the government and legitimate commercial vehicle owners.

Accordingly, this growth will be achieved on a low base following an estimated de-growth of 5-7 percent in FY21.