The Tata Motors management is optimistic on its industrial vehicles (CV) business expecting a powerful volume growth in FY17. The automotive company is optimistic a few 14-15 % volume growth in CV area in FY17 compared with a 5-6 % volume growth in FY16, Tata Motors decision maker Ravi Pisharody told CNBC-TV18 in Associate in Nursing exclusive interview.Pisharody aforesaid that the corporate witnessed superb growth within the trucks and tippers phase within the past eight quarters. He additional that within the April-June quarter, a lean amount for truck sales, the phase saw a growth of twenty %. He aforesaid that the purchases weren't replacements which there's a real recovery within the economy.
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