India’s commercial vehicle market closed FY2025-26 with record domestic sales of 10.8 lakh units, up 12.6% from the previous year. As buses, light commercial vehicles (LCVs) and heavy-duty trucks become increasingly dependent on integrated electronics, thermal management and complex structural systems, the role of automotive suppliers is changing. OEMs are under constant pressure to shorten […]
By Marshall Martin, Program Manager, and Nachiket Devasthale, Senior Consultant – Mobility Growth Advisory, Frost & Sullivan India’s commercial vehicle (CV) industry is evolving as fleet operators increasingly prioritize utilization, fuel efficiency, uptime, and lifecycle economics over upfront acquisition cost. Light commercial vehicles (LCVs) continue to be one of the fastest-growing segments in India’s commercial […]