After years of slowdown, India’s truck and bus market may be turning a corner: Nomura | Hindustan Times - Hindustan Times

Published on: Jan 26, 2026 02:55 pm IST India’s commercial vehicle sector may be entering an upcycle as freight rates improve, GST cuts aid affordability and replacement demand builds, Nomura said. India’s commercial vehicle (CV) industry is showing early signs of a cyclical recovery, supported by improving operating conditions and structural tailwinds, according to a recent report by Nomura. Rece…