2020 - Been there, done that! What’s next for the Indian MHCV market in 2021?

Posted on 5/25/21 via IHS Markit

2020 was a year that is forever etched in all our minds. The COVID-19 pandemic forced the Indian government's hand to put the country in a nationwide lockdown for several months spelling doom for the economy's growth. India's GDP contracted 8.2% in 2020 as industries struggled to make ends meet amidst the ever-changing lockdown norms, unavailability of workers, restriction on movement of personnel and material. Full story

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