Vehicle makers to see rise in capex in next 2 fiscals
Updated: June 19, 2018 03:37 PM IST
Capital expenditure by comprising commercial vehicles (CVs), passenger vehicles (PVs) and two-wheelers is set to increase by 30% to Rs 58,000 crore over fiscals 2019 and 2020, compared with preceding two fiscals, according to ratings firm Crisil. Let us see what other aspects have been highlighted by the report:
