NEW DELHI -- Sales at India's second-largest light truck maker, Eicher Motors Ltd., vaulted 55.2 percent in January to 1,644 vehicles from 1,059 a year ago helped by rising sales of its new heavy truck, the company said in a statement.
New Delhi-based Eicher said on Tuesday its sales in April-January, the first 10 months of 2003-04, rose 19 percent to 12,000 vehicles from 10,069 vehicles in the same period last year. The figures include exports.
"In addition to an impressive growth in light commercial vehicles sales, volumes of our heavy commercial vehicle, Eicher Jumbo 20.16, is steadily increasing and touched the 250 mark in January," Rakesh Kalra, Eicher CEO, said in a statement.
The Jumbo 20.16 is a 16-ton truck Eicher launched in 2003.
Indian truck sales have risen sharply in the past two years after almost two years of poor growth helped by growing government investment in building a nationwide network of highways and a shift in demand to larger multi-axle vehicles.
Eicher, part of a Delhi-based group of the same name, makes trucks and buses with gross vehicle weight up to 16 tons. The group's other businesses include tractors, motorcycles, diesel engines, gears, components and consulting.