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Effect of GST and BSIV on Goods Carrier (M&HCV)
36%
1%
46%
14%
3%
FY-17-18 YTD August
Ashok Leyland Ltd SML Isuzu Ltd
Tata Motors Ltd VECVs - Eicher
Mahindra & Mahindra Ltd
27%
2%
57%
12%
2%
FY-16-17 YTD August
Ashok Leyland Ltd SML Isuzu Ltd
Tata Motors Ltd VECVs - Eicher
Mahindra & Mahindra Ltd
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
Less than 10
Tons
10-12 Tons 12-16 Tons 16-25 Tons 25 and
above Truck
Tractor and
Trailor 26.4-
35.2
35.2 to 40.2
Tons
40.2-44
Tons
44-49 Tons 49 and
above Tons
529
2729
8494 8180
5208
1239
3500
1557
1103789
3008
5634
5039
3780
2343
4980
2781
2184
Ashok Leyland (FY-16-17 vs FY 17-18) Production YTD August
FY -16-17
FY- 17-18
0
2000
4000
6000
8000
10000
12000
14000
16000
18000
20000
Less than 10
Tons
10-12 Tons 12-16 Tons 16-25 Tons 25 and
above Truck
Tractor and
Trailor 26.4-
35.2
35.2 to 40.2
Tons
40.2-44
Tons
44-49 Tons 49 and
above Tons
2998 2377
18834
16255 16105
1454
0
8153
22682098 1455
10423
5744
11817
1108
3653 3317
Tata Motors (FY-16-17 vs FY 17-18) Production YTD August
FY -16-17
FY- 17-18
0
1000
2000
3000
4000
5000
Less than
10 Tons
10-12 Tons 12-16 Tons 16-25 Tons 25 and
above
Truck
Tractor and
Trailor
26.4-35.2
35.2 to 40.2
Tons
40.2-44
Tons
44-49 Tons 49 and
above Tons
3672
4701
3005
1758
903
294 483
3276
4208
2545
674
1034
35 102
VECVs-Eicher (FY-16-17 Vs FY 17-18) Production
FY -16-17
FY- 17-18
Till August(FY 16-17 vs. FY 17-18) : Take Away Points
• Compare to last financial Year TML ,Mahindra and SML Isuzu seems to be struggling
to meet last financial year production number.
• All major manufacturers struggled to keep the numbers of 12 to 35 tons trucks as
per last financial year .
• Higher tonnage vehicle demand were seen in the market.
• It seems GST will further boost demand for Heavy tonnage goods carrier.

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Goods carrier segment

  • 1. Effect of GST and BSIV on Goods Carrier (M&HCV)
  • 2. 36% 1% 46% 14% 3% FY-17-18 YTD August Ashok Leyland Ltd SML Isuzu Ltd Tata Motors Ltd VECVs - Eicher Mahindra & Mahindra Ltd 27% 2% 57% 12% 2% FY-16-17 YTD August Ashok Leyland Ltd SML Isuzu Ltd Tata Motors Ltd VECVs - Eicher Mahindra & Mahindra Ltd
  • 3. 0 1000 2000 3000 4000 5000 6000 7000 8000 9000 Less than 10 Tons 10-12 Tons 12-16 Tons 16-25 Tons 25 and above Truck Tractor and Trailor 26.4- 35.2 35.2 to 40.2 Tons 40.2-44 Tons 44-49 Tons 49 and above Tons 529 2729 8494 8180 5208 1239 3500 1557 1103789 3008 5634 5039 3780 2343 4980 2781 2184 Ashok Leyland (FY-16-17 vs FY 17-18) Production YTD August FY -16-17 FY- 17-18 0 2000 4000 6000 8000 10000 12000 14000 16000 18000 20000 Less than 10 Tons 10-12 Tons 12-16 Tons 16-25 Tons 25 and above Truck Tractor and Trailor 26.4- 35.2 35.2 to 40.2 Tons 40.2-44 Tons 44-49 Tons 49 and above Tons 2998 2377 18834 16255 16105 1454 0 8153 22682098 1455 10423 5744 11817 1108 3653 3317 Tata Motors (FY-16-17 vs FY 17-18) Production YTD August FY -16-17 FY- 17-18
  • 4. 0 1000 2000 3000 4000 5000 Less than 10 Tons 10-12 Tons 12-16 Tons 16-25 Tons 25 and above Truck Tractor and Trailor 26.4-35.2 35.2 to 40.2 Tons 40.2-44 Tons 44-49 Tons 49 and above Tons 3672 4701 3005 1758 903 294 483 3276 4208 2545 674 1034 35 102 VECVs-Eicher (FY-16-17 Vs FY 17-18) Production FY -16-17 FY- 17-18 Till August(FY 16-17 vs. FY 17-18) : Take Away Points • Compare to last financial Year TML ,Mahindra and SML Isuzu seems to be struggling to meet last financial year production number. • All major manufacturers struggled to keep the numbers of 12 to 35 tons trucks as per last financial year . • Higher tonnage vehicle demand were seen in the market. • It seems GST will further boost demand for Heavy tonnage goods carrier.