Frost Radar: Medium- and Heavy- Duty Trucks in India, 2025

A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines

Frost & Sullivan expects India's medium and heavy-duty truck market to grow steadily over the next decade, driven by rapid infrastructure expansion, industrial recovery, and logistics demand across core sectors including construction, mining, eCommerce, and agriculture. While legacy manufacturers continue to lead in production and distribution scale, a wave of new, technology-driven players and suppliers is entering the ecosystem with digital fleet management, telematics integration, and advanced powertrain solutions aimed at improving efficiency and reducing operational costs. The market is witnessing a shift toward higher payload capacities, connected vehicle platforms, and alternative fuel compatibility as fleet operators seek to enhance uptime and reduce total cost of ownership.

The introduction of BS-VI emission norms has spurred innovation in engine technologies, after-treatment systems, and predictive maintenance, while also prompting investments in localized manufacturing and supply chain resilience. India's push for logistics modernization, including the development of dedicated freight corridors, multimodal transport networks, and unified logistics platforms, is expected to increase demand for modern trucks, with long-haul freight, last-mile heavy delivery, and construction haulage as growth drivers. Strategic partnerships between truck manufacturers, component suppliers, and technology firms are becoming central to the industry's evolution, focusing on connected vehicle analytics, uptime management, and driver performance optimization. As the market matures, Frost & Sullivan anticipates a transition from purely product-centric competition to a service-oriented model emphasizing efficiency, lifecycle value, and digital integration.

Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.