Frost Radar™: Which Industry Leaders Propel Medium- and Heavy- Duty Trucks in India?
A benchmarking system to spark companies to action – innovation that fuels new deal flow and growth pipelines
Frost & Sullivan expects India’s medium and heavy-duty truck space to grow steadily over the next decade, driven by rapid infrastructure expansion, industrial recovery, and logistics demand across core sectors, including construction, mining, eCommerce, and agriculture. While legacy manufacturers continue to lead in production and distribution scale, a wave of new, technology-driven players and suppliers is entering the ecosystem with digital fleet management, telematics integration, and advanced powertrain solutions aimed at improving efficiency and reducing operational costs. The market is witnessing a shift toward higher payload capacities, connected vehicle platforms, and alternative fuel compatibility as fleet operators seek to enhance uptime and reduce total cost of ownership. The introduction of BS-VI emission norms has spurred innovation in engine technologies, after-treatment systems, and predictive maintenance, while also prompting investments in localized manufacturing and supply chain resilience.
- What impact will India’s push for logistics modernization, including the development of dedicated freight corridors, multimodal transport networks, and unified logistics platforms, have on the demand for modern trucks?
- How can your team harness growth drivers like long-haul freight, last-mile heavy delivery, and construction haulage?
- Which strategic partnerships between truck manufacturers, component suppliers, and technology firms are becoming central to the industry’s evolution and growth potential?