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Budget to Support CV Demand, EV Adoption; Auto Sector Impact Neutral to Mildly Positive: ICRA

autherArunima Pal     calendar03 Feb 2026

ICRA said the increase in infrastructure spending should particularly benefit demand for heavy-duty trucks and tippers, which are closely linked to road construction, mining and public works projects.

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Mahindra Trucks & Buses Records 40% Sales Growth in January News
Mahindra Trucks & Buses Records 40% Sales Growth in January

autherShristi Ohri calendar02 Feb 2026

Commercial vehicle maker reports 3,065 units sold amid strong infrastructure spending and fleet modernization demand.

Escorts Kubota Reports 46.9% Growth in Tractor Sales for January 2026 News
Escorts Kubota Reports 46.9% Growth in Tractor Sales for January 2026

autherShristi Ohri calendar02 Feb 2026

Company's domestic tractor segment sees 50.8% jump driven by positive rural sentiment and favorable farm conditions.

Trucks Haul Growth While Buses Lose Steam in January 2026 Analysis Sales
Trucks Haul Growth While Buses Lose Steam in January 2026

autherShahkar Abidi calendar01 Feb 2026

India's bus sales decline sharply in January 2026 despite booming truck demand, reflecting post-pandemic fleet replace...

Heavy-Duty Gains Mask a Softening Bus Market for Volvo Eicher Analysis Sales
Heavy-Duty Gains Mask a Softening Bus Market for Volvo Eicher

autherShahkar Abidi calendar01 Feb 2026

VE Commercial Vehicles posts 24.9% January sales growth led by strong domestic truck demand and surging exports, while...

Budget 2026‑27: Govt Announces New Scheme for CE Manufacturing News
Budget 2026‑27: Govt Announces New Scheme for CE Manufacturing

autherAutocar Professional Bureau calendar01 Feb 2026

The CIE Scheme aims to cut import dependence by fostering local production of advanced machinery—from tunnel borers to...

Trucks and CVs may gain the most from Budget 2026–27 News
Trucks and CVs may gain the most from Budget 2026–27

autherAutocar Professional Bureau calendar01 Feb 2026

Higher infrastructure capex, freight corridors, waterways, mining-led industrial corridors and state-backed bus procu...

Budget 2026-27 Boosts Infra Capex 9% to Rs 12.2 Lakh Cr, Igniting Demand for Trucks and Earthmovers News
Budget 2026-27 Boosts Infra Capex 9% to Rs 12.2 Lakh Cr, Igniting Demand for Trucks and Earthmovers

autherAutocar Professional Bureau calendar01 Feb 2026

Higher capital spending promises stronger demand for trucks, excavators and loaders, as infrastructure expansion shift...

Tata Motors Sees Commercial Vehicle Market Hitting New Peak; FY26 Volumes to Cross Million-Unit Mark News
Tata Motors Sees Commercial Vehicle Market Hitting New Peak; FY26 Volumes to Cross Million-Unit Mark

By Ketan Thakkar and Shahkar Abidi calendar29 Jan 2026

Improving freight availability, infrastructure-led demand and replacement buying are set to push India’s CV industry b...

Tata Motors Navigates Trade Headwinds as South Africa Weighs Steep Auto Tariffs News
Tata Motors Navigates Trade Headwinds as South Africa Weighs Steep Auto Tariffs

By Shahkar Abidi and Ketan Thakkar calendar29 Jan 2026

The company said it is tracking a possible review of South Africa’s import tariffs on Indian-made vehicles, with dutie...