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Used vehicle resale prices are still holding good; used heavy vehicle sales are growing around 9%: Umesh Revankar, Shriram Finance
Umesh Revankar believes that the CV business will continue to grow due to the demand from individual operators and better network penetration. He does not see any lack of demand in the market and expects the second-hand CV market to be affected differently by the scrappage policy, which is voluntary and not compulsory.