However, some of the broad industry growth trends which are playing out include low penetration levels as compared to the world average, shift to organized sector, government policy or initiatives and rising income levels.
Tata Motors launches tender offer for Iveco Group; deal values company at €3.82 billion
Tata Motors has launched a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle maker at €3.82 billion. Backed by Iveco’s largest