Indian bus industry all set to open up avenues in special applications segment

The Indian bus industry has always witnessed a cyclical trend, but persistently maintaining its bandwidth, growing steadily in spite of experiencing pitfalls every three-four years. Of late, we see staff application getting redefined, with an appreciable growth of 15 per cent year-on-year growth rate (RACE analysis: approximately 4,680 units sold for staff application in 2012-13).…