B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Current
13.5%
13.5% -- year over year growth rate for Indian commercial vehicle wholesale volumes (2026-05)
Indian commercial vehicle wholesale volumes grew by 13.5% year-on-year in May 2026.
Attribution:
View source
Lighthouse Research Team
Last verified:
·
How we verify data →
Source verified
Evidence graded
Value
13.5%
Unit
Percentage
Data Vintage
2026-05
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
95
Source Trust
50
Citation Chain
90
Independence
30
Methodology
45
Freshness
86
Source
ICRA
Primary
Tier A
https://www.outlookbusiness.com/industry/domestic-cv-industry-to-see-moderate-growth-of-4-6-in-fy27-… ↗
Source Article
Domestic CV Industry to See Moderate Growth of 4-6% in FY27: ICRA – Outlook Business
India’s commercial vehicle industry is projected to post a moderate 4–6% YoY rise in wholesale volumes in FY27, according to ICRA.
Growth will be led by buses at 7–9% and light trucks at 6–8%, with medium and heavy trucks lagging at 1–3%.
Infrastructure spending, freight demand and fleet replacement…
Original Research
ICRA
· Original study ↗
Methodology
ICRA report
Methodology documented
Segmentation
Channelcommon_crawl
Cite this stat
Plain Text
Indian commercial vehicle wholesale volumes: 13.5% year over year growth rate. Source: ICRA (2026-05). Via Lighthouse Intelligence -- https://lighthousedata.io/data/cv-wholesale-volumes-growth-may-2026
HTML Embed
<blockquote cite="https://lighthousedata.io/data/cv-wholesale-volumes-growth-may-2026" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>13.5%</strong> -- year over year growth rate for Indian commercial vehicle wholesale volumes<br><small>Source: ICRA (2026-05) · <a href="https://lighthousedata.io/data/cv-wholesale-volumes-growth-may-2026" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
Share
Related Statistics
Use this data in your work
Copy the citation, embed the widget, or explore thousands more verified marketing statistics -- all free.