Tata Motors Ltd and Ashok Leyland Ltd reported strong truck and bus sales in October,2011 because of an increase in construction activity that boosted demand for tipper
Overall sales have been led by tippers, following a pick-up in construction activity, even as the industry has seen a slower off take by the cargo segment.
“The tippers have grown much faster given non-availability of such vehicles last year resulting in pent-up demand, a good replacement demand and healthy road construction activity.
Sources: Mint
Overall sales have been led by tippers, following a pick-up in construction activity, even as the industry has seen a slower off take by the cargo segment.
“The tippers have grown much faster given non-availability of such vehicles last year resulting in pent-up demand, a good replacement demand and healthy road construction activity.
Sources: Mint
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