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Volvo Eicher sees no rush among transporters to buy BS-IV trucks

Automakers in India import about 10% of their raw materials from China

Vinod Aggarwal, Volvo Eicher
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There is defence mechanism that has set in as the BSIV stock has to be zero by 31 March. Business runs on optimism. Everyone very cautious as of now- Vinod Aggarwal

Shally Seth Mohile Mumbai
Volvo Eicher Commercial Vehicle (VECV) hasn’t seen any rush among transporters to buy BS-IV trucks even though prices will go up by 8 to 15 per cent from April 1, once BS-VI takes effect, said company Managing Director (MD) and Chief Executive Officer (CEO) Vinod Aggarwal. 

According to Aggarwal, the coronavirus outbreak has disrupted supplies from China. 

The impact could have been worse if the demand was high because VECV and others would be struggling to meet timely deliveries. “All of us had expected pre-buying but there is none,” he said. He added that the last two months sales (for