Riding on the combined impact of a pick-up in the infrastructure sector, last year’s low base and an overloading ban, commercial vehicle sales at most companies expanded in the high double digits in April.
Sales volumes of the top four manufacturers rose 78 per cent over the year-ago period to 67,548 vehicles, shows monthly sales data released by companies. Analysts expect the momentum to remain robust for the whole of the June quarter as the base effect of last year plays out.
Following a Supreme Court order that restricted manufacturers from selling BS-III vehicles from April 1, 2017, commercial vehicles sales