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Govt policy shift a glimmer of hope for truck owners
Business Standard
|May 27, 2025
He pointed to a robust rebound in the bus segment, where sales rose from 53,000 to 64,000 units in just a year, and projected a similar mid-single-digit growth trajectory for MHCVs.
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Tata Motors echoes this sentiment. "We expect single-digit growth across segments, with HCVs and buses slightly outperforming ILMCV and SCV pickups," said Girish Wagh, executive director and head of commercial vehicles, during the company's Q4 earnings call. Despite the cautious optimism, truck owners remain wary.
The transition from BS IV to BS VI norms has substantially raised costs — monthly truck EMIs have surged by 50 per cent, alongside additional operational and maintenance expenses.
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