M&M’s Dr P Goenka lauds revised CV axle norms but cautions about supplier readiness, overloading

The Ministry of Road Transport has issued another notification, amending the one on July 16 from an increase of 20-25% axle load to 12-15 percent.

07 Aug 2018 | 4536 Views | By Nilesh Wadhwa

When MoRTH notified the increase in axle load on heavy commercial vehicles by 20-25 percent last month, there was considerable buzz in the Indian CV sector. As is known, the CV industry is currently on a high and has clocked over 50 percent YoY growth in the first quarter of FY2019. While ...

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