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Indian Industry

Medium & Heavy Commercial Vehicles- Production

Medium & Heavy Commercial Vehicle (MHCV) segment witnessed a growth of 2.09%. At present, there are 6 manufacturers in MHCV segment.

With increasing demand for load carriers, a few manufacturers are expanding their capacity and some of the manufacturers are setting up new plants. Ashok Leyland is the leader among MHCV manufacturers with a production of more than 1 lakh MHCVs during financial year 2005-06, followed by Tata Motors.
Production figures (in units) of major players in MHCV segment



* The figures are based on SIAM analysis and individual company's reports

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