• Shriram Automall India Limited now sprawling in PAN India with 80+ well established Automalls!! • 80th Automall Inaugurated in Surat, India!! • Shriram Automall is best known for being the largest used vehicle and equipment transaction platform offering convenient allied services.!! • Shriram Automall MOBILE APP LAUNCHED...!!Download the app now!! • Sameer Malhotra – CEO, Shriram Automall India Ltd. as Esteemed Jury at Equipment India Awards 2017.!! •Shriram Automall with CarTrade Exchange is the largest online vehicle and equipment transaction platform. •Offering Valuation and Inspection Services in 2hrs turnaround time through Adroit Auto, Shriram Automall is the leading name.!!

Friday, 29 April 2016

ICRA’s growth forecast on PVs and CVs

Friday, April 29, 2016  , , , , , ,  No comments
Passenger vehicle sales in 2015-16 stood at 2,789,678 units as compared to 2,601,236 in 2014-15. Commercial vehicle too increased by 11.5%, mainly on the back of M&HCV segment which grew by 30% during the last fiscal year while LCV segment remained flat with just 0.3% increase in sales. On the basis of good economic growth, favorable monsoon in this season and benefits of 7th Pay Commission, Credit rating agency ICRA estimates that Indian passenger vehicle industry is likely to grow by 8.5-9.5% in 2016-17. In the same lines, M&HCV will witness growth of 13-15% in 2016-17. Similarly, LCV may back on track.

Want to know more? Click here

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)