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India’s Truckers Battle Much More Than A Consumption Slowdown
Truckmakers’ optimism about a revival in demand matches with reality?
18 Jun 2019, 10:49 AM IST
As India’s economy slows, makers of trucks have more to worry than falling consumption.Commercial vehicle sales have been erratic in the last year. Along with a decline in demand for cars and softening volumes of consumer goods makers because of a rural slump, they point to the slowdown in the economy that grew at the slowest pace in 20 quarters in three months ended March.But transporters are also battling overcapacity after rules c...
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