Scope of Report Product of Interest (POI): Small Commercial Vehicle Small commercial vehicles are vehicles that are propelled by either an internal combustion engine (ICE) or electricity and used for the purpose of load carriage. These vehicles can be three-wheelers or four-wheelers and have a vehicle tonnageofupto3tons. Market Segmentation INDIA SMALL COMMERCIAL VEHICLE TONNAGE INDUSTRY • Less Than 1 Ton Year Range VEHICLE MARKET • E-Commerce • 1-2 Ton • FMCG • 2-3 Ton • Pharma Review Period PROPULSION • Electronics FY2017 – FY2020 • Construction • ICE • Agricultural Base Year • Electric • Hospitality FY2021 • Forestry REGION • Oil & Gas Estimated Year • North • Others FY2022 • South • East Forecast Period • West FY2023 – FY2027 7 Automotive © TechSci Research 7
India Small Commercial Vehicle Market 2027 Page 6 Page 8