(chinatrucks.com, July 22, 2010) It is reported by Indian “Economy Timely Report” on July 20th that sales volume increase of commercial vehicle in India is very obvious since 2010 in accordance with the statistics of Indian auto industry. It is said that the sales volume of commercial vehicle in India has surpassed that in China.

Sales volume of commercial vehicle in China at the first five months of 2010 has increased 77%, and it has surpassed 60% of China because of the huge market demands. 

It is learned by reporter that GDP growth rate in the first quarter of India has reached 8.6%, and the experts predict that GDP growth rate of India in 2010 will reach 9.5%.

Source : www.chinatrucks.com

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Tags : India Commercial vehicle