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India's truck industry sees rising demand due to aging fleets, higher freight rates, and improved profits, boosting sales forecasts.
The Indian medium and heavy commercial vehicle industry is entering a new upcycle, with Nomura forecasting 8% year-on-year growth in FY26 and 10% in FY27, driven by rising freight rates, improved operator profitability, GST cost efficiencies, and a high average truck age of about 10 years boosting replacement demand, particularly in FY27–28, while strong cash flows are increasing confidence in new purchases.
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La industria de camiones de la India ve una creciente demanda debido al envejecimiento de las flotas, las tarifas de carga más altas y las mejores ganancias, impulsando las previsiones de ventas.