Commercial vehicles growth prospects, regulatory tailwinds to drive gains for ZF India

Higher exports and improving margins on the back of softening input costs are other positives

Ram Prasad Sahu | Mumbai
Last Updated at January 4, 2023 23:55 IST

Used commercial vehicle sales see uptick amid auto sector slowdown

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Strong growth prospects in the domestic commercial vehicle (CV) segment, softening commodity prices, higher exports and regulatory tailwinds related to mandatory safety standards are positive for auto component major ZF Commercial Vehicle Control Systems or ZF India (formerly Wabco India). Increased sourcing by the German parent ZF Group is also expected to boost incremental revenue growth.

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