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India commercial vehicle volumes to hit 12.4 lakh in FY27 after rebound says Crisil
Business
Published on 25 April 2026
West Asia tensions could shake export growth next
India’s commercial vehicle market is projected to reach a record 12.4 lakh units in FY27, surpassing the prior peak, according to Crisil. After a strong rebound, growth is expected to moderate to 5–6%. Demand at home should stay supported by infrastructure projects and vehicle replacement needs, while revenue growth is likely to edge slightly ahead of volume. Exports could face disruptions from the West Asia crisis.
- FY27 commercial vehicle volumes seen at a record 12.4 lakh
- Growth likely to settle around 5–6% after a rebound
- Domestic demand supported by infra projects and replacement cycles
- West Asia crisis could disrupt export momentum
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times