Industry News

Revenue growth of CV makers to moderate to 5-7% next fiscal: CRISIL

Operating margins seen steady with better realisation, stable commodity prices Commercial vehicle (CV) makers will see revenue growth moderating to 5-7% on-year next fiscal after an estimated ~9% rise this fiscal. This will be driven by price hikes as volume growth is expected to be modest for medium and heavy CVs (M&HCVs) and flattish for […]