Demand For Second Hand CVs To Rise? Kulwin Seehra Of GNA Axles Exclusive On ET Now
Demand for second hand CVs to rise? What is aiding the growth? And, when will rural demand pick up? Kinjal Shah, ICRA and Kulwin Seehra of GNA Axles join to decode. "In the current year we would see 120-130% growth in the bus segment primarily because of the low base but yes, inherently there has been some change in the way the corporates operate and that is why the demand for bus segment will be slightly lower but overall we are very close to reaching the pre Covid level soon but reaching the highs of FY2019 is still some time away," says Kinjal Shah, ICRA.
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