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Follow on Google News | Indian Commercial Vehicles Market Set for Prosperous FutureIndian commercial vehicles market is projected to grow at a stupendous rate in future due to improving infrastructure and increasing demands from other industries, says RNCOS.
Our report suggests that, the industry as a whole is receiving ample support from the Indian Government. For instance, in the recently announced budget for FY 2011-12, the government has provided tax rebates and excise duty concessions, which would benefit the commercial vehicles segment. Besides, these provisions will allow the development and commercialization of electric/hybrid commercial vehicles to drive the green revolution in the segment. Additionally, the automobile companies are expanding their production capacities to cope up with the rising demands, which would further benefit the overall growth of the industry. Through prudent and in-depth analysis, we have covered all the major segments of the commercial vehicles market, including utility vehicles and multi-purpose vehicles. Within each segment, we have forecasted the production, sales, and export figures for the next 4 fiscals. Additionally, the report covers the description of the key players in the market along with all their prominent recent developments. Our report, “India Commercial Vehicle Market Analysis” also provides a rational analysis of the reliable statistics of the market. Besides, the report covers market trends, industrial developments, and regulatory environment to enable clients understand the market structure and its progress in coming years. For FREE SAMPLE of this report visit: http://www.rncos.com/ Check DISCOUNTED REPORTS on: http://www.rncos.com/ # # # RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner. End
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