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In 2008, Eicher Motors tied up with Swedish truck maker Volvo in its bid to become a larger player and build a global presence in the commercial vehicle business. Volvo, on the other hand, wanted to crack ...
Over the medium term, the 2W industry is expected to report a volume CAGR of 8-9% to reach a size of 21-22 million units (domestic + exports) by 2016-17 (our longer-term growth forecast remains at 9-11%).
