Commercial vehicle makers to incur $800 million loss
Posted On: Aug. 21, 2020 9:16 AM CSTIndia-based CRISIL Risk and Infrastructure Solutions Ltd. expects local commercial vehicle manufacturers to incur a loss of 60 billion Indian rupees ($800 million) in the financial year ending March 31, 2021, Business Insider reported citing the Press Trust of India. Sales volume is likely to decline 30% to a record low in a decade.