Tractor sales in India are recovering after a period of slowdown following the financial year that ended in March 2023 (FY2023), when they had hit a record 9.45 lakh units despite the pandemic.
Hyundai Motor India, which registered its best-ever annual wholesales of 605,429 units in CY2024, has also recorded its highest-ever share of its parent company’s global sales for the year.
India’s commercial vehicle (CV) sector has had a bumpy ride in the first half of fiscal year 2025, but industry leaders remain optimistic about the road ahead. While tepid demand marked the ...