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ā¢ The domestic commercial vehicle industry is expected to reach its peak sales volume of 2018-19 this fiscal and grow briskly over the next few years, coinciding with the overall economy's growth.
ā¢ Heavy-duty truck sales have grown by 15% in the first seven months (April-October).
ā¢ The industry is expected to grow over the next few years with the economy slated to cross the USD 5 trillion mark, driven by new age customers like e-commerce companies seeking better turnaround time and infrastructure development.