India's truck fleet shows its age: Nearly 42% of vehicles past 12 years
Industry experts see it as a concern for the logistics sector, while most original equipment manufacturers view it as a silver lining — an impending wave of replacement-driven growth.
India is grappling with a rapidly ageing truck fleet, with around 42 per cent of vehicles registered since 2003 having already completed their 12-year cycle, as replacement demand has been delayed due to multiple factors.
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