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Telco’s truck sales jump 22% in November, signals revival in industrial demand
Economic Times —December 11, 2002

Telco, the country’s largest truck maker, continues to post strong growth in truck sales, indicating a revival in industrial demand and the success of its new launches. The Mumbai-based Telco on Tuesday said truck sales in November rose 22% year-on-year to 8,113 units, while cumulative sales for April-November rose 32% to 63,694 units. Medium and heavy truck sales in April-November grew 31% to 43,652 units, while sales of light trucks increased 33% to 20,042 units. Car and utility vehicle sales grew 8% to 7,586 units, of which Indica sales rose only by 11% to 5,758 units.

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