Tata Motors MD & CEO: CV Sales to Surpass FY19 Peak This Fiscal Year
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News18•29-01-2026, 19:30
Tata Motors MD & CEO: CV Sales to Surpass FY19 Peak This Fiscal Year
- •Tata Motors MD & CEO Grish Wagh expects domestic commercial vehicle (CV) industry sales to exceed the FY19 peak this fiscal year.
- •Robust demand is attributed to post-GST rate cuts and the government's focus on infrastructure projects.
- •In FY19, total CV wholesales reached 10,07,311 units, a figure expected to be surpassed.
- •Growth drivers include increased consumption due to GST 2.0 and infrastructure projects boosting sectors like mining.
- •Potential long-term headwinds for the CV industry include fuel prices and regulatory interventions.
Why It Matters: India's commercial vehicle sales are projected to exceed FY19 levels, driven by demand and infrastructure growth.
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