ICRA estimates that the average age of M&HCVs had increased to almost 10 years, while the average age of PVs had risen to 7.3 years in FY22, the highest in the past two decades. The growth is ...
Auto component replacement demand is estimated to grow 6-8% in the next fiscal driven by factors such as the increase in mobility and healthy freight movement, among others, credit ratings agency Icra ...
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