The commercial vehicle segment in India seems to be having a recovery in 2016. The overall performance of OEM's in the bus segment was reasonably better in FY16* compared to FY15. While the ICV** segment sales during the year were similar to the previous year, MDV*** buses registered strong growth in FY16. The Indian magazine Motorindia takes a look at how the top five OEMs performed during the year in this FY16 bus segment performance review.
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