Abstract:

Market analyses by vehicle segment, weight category, manufacturer, and engine size are all needed to optimize emission standards and testing requirement. In India, these are largely adopted from Euro standards to fit the Indian landscape, and that was the case with the BS VI regulations. The sales data referenced I this paper was acquired from Segment Y Automotive Intelligence. In FY 2019-20, total domestic sales of commercial vehicles greater than 3.5 tonnes, which are “HDVs” in this paper, was nearly 306,000, and it was approximately 203,000 for FY 2020-21. Note that, starting in early 2020, most commercial activities were affected globally, including in India, due to the COVID-19 pandemic; this no doubt impacted FY2020-21 sales. Between FY 2017-18 and FY 2019-20 sales decreased by 32%, and they decreased another 33% between FY 2019-20 and FY 2020-21. This marks a 65% cumulative decrease from FY 2017-18.