Strong demand in India pushes light-duty bus sales up 24%
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By RACE Innovations Pvt Ltd - 20th December 2023
India - Sales of light duty buses (7.5t & below) increased by 24.3% to register 27,580 units in first half of FY 2023-24 from 22,185 units in the first half of FY 2022-23. Production increased by 66% from 22,297 units to 37,014 units, while exports increased too, rising up by 41.5% from 902 units to 1,276 units.
In the minibus segment with more than 13 seats (GVW ≤ 5 tons no. of seats including the driver exceeding 13) sales increased by 17% to 8,085 units in first half of FY 2023-24 from 6,911 units in first half of FY 2022-23. Production increased by 27.7%.
