business reporter the passenger vehicles (pv) segment volumes are expected to log a record 18-20 per cent growth this fiscal as the pent-up demand levels off amid hike in vehicle prices, careedge said in a report o
India s Passenger Vehicles (PV) segment is expected to achieve a record 18-20% growth in the current fiscal year, with a continued upward trend in the next fiscal year, according to a report by CareEdge. The growth is attributed to a strong order book, improved supply chain, robust demand for new model launches, and increasing demand in the Utility Vehicles (UVs) segment.