India CV Industry Jumps 27% (YoY) in January; GST Cut Drives Volume Surge: ICRA - Republic World

Republic World

Commercial vehicle segment sees a surge in January 2026 | Image: Freepik India CV Industry: The Indian commercial vehicle (CV) industry continued to report robust year-on-year (YoY) volume growth in January 2026, with domestic wholesale volumes rising 27 per cent to 99,544 units. As per ICRA, this performance also reflected a "sequential growth of 1.9 per cent over the 97,682 units recorded in Dec…

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