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flag India forecasts 3-5% growth in commercial vehicle sales for 2025-26, driven by construction and rural demand.

flag India's commercial vehicle sales are forecast to grow 3-5% in fiscal year 2025-26, up from a flat year in 2025, according to ICRA. flag The growth will be driven by increased construction, steady rural demand, and the need to replace aging vehicle fleets. flag Medium and heavy commercial vehicles are expected to see slight growth, while light commercial vehicles could see a modest increase. flag Diesel vehicles still dominate, but electric vehicles are gaining market share.

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