ZigWheels.com announces first edition of Commercial Vehicle Conclave

ZigWheels.com, India's No.1 Automobile Portal announces the first edition of Commercial Vehicle Conclave (CVC) on  February 16, 2015 in Mumbai, presented by Tata Motors and powered by Scania. Touted to be the biggest commercial vehicles’ event in the country, CVC 2015 would bring industry stakeholders and policy-makers from government bodies on a common platform to chart the path for a better future of the commercial vehicles sector.

The conclave is a first-of-its-kind initiative by Times Internet. Mr. Nitin Gadkari, Union Minister of Road Transport, Shipping and Highways and Mr. Anant Geete, Union Minister of Heavy Industries will be the chief guests for the event and will share their vision for the future of the industry. The Commercial Vehicle Conclave 2015 would also encompass presentations and panel discussions about development, difficulties and the need of the hour from all stakeholders and would entail participation by the Ministry of Road Transport & Shipping, the Ministry of Heavy Industries, TCI, Frost & Sullivan, Ernst & Young, ZigWheels.com and Tata Motors.

Speaking about the event, Akshay Chaturvedi, Business Head, Zigwheels.com said: “We are very excited to bring forth the very first edition of Commercial Vehicle Conclave. With this initiative, we hope to create a platform that not only builds awareness about this sector but also highlights the opportunities it has to offer. We will leverage our reach and strength to turn the CVC into the biggest commercial vehicle event in the country aimed at development and growth of the industry.”

The commercial vehicle industry impacts the country’s industrial activities and overall GDP. The domestic market comprises 90 % of the total commercial vehicle market and the rest comprises exports where the share has been increasing every year. It is expected to grow at CAGR of 10-11% by FY17. Also, according to E&Y analysis, the entry of international majors in the Indian commercial vehicle industry will lead to CAGR growth of 15% by 2016-17. The Commercial Vehicle Conclave 2015 will serve as a platform to discuss the development, trends and growth curve of the industry. For more details , visit www.zigwheels.com/cvc

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