The commercial vehicle industry in India has surged over the past decade. The market is to grow at a CARG over 15% until 2016 and companies are rushing to expand.
Mercedes Benz last year started manufacturing commercial vehicles in India and within 10 months rose to being the 5th largest commercial vehicle manufacturer in India.
Now Suzuki, India’s largest personal auto manufacturer, is keen on entering the LCV market. Tata, Mahindra & Mahindra and Ashok Leyland are taking note of these advances and are expanding their product lines to stay competitive.
3rd India Commercial Vehicle Summit will feature the most prominent industry leaders and government officials from across the globe providing informative and inspiring discussions pertaining to India’s current needs and a look at how to prepare for tomorrow today.