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From tax reform to emissions leapfrog, it’s a brand new reality for India’s CV segment

Indian government policies both support and challenge local players, slowly creating a market that bears little resemblance to historic standards. By Megan Lampinen

India is the second largest bus manufacturer and the fifth largest truck manufacturer in the world. However, the players in this sizeable commercial vehicle industry face a host of challenges at the moment far beyond the usual cyclicality….

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