CVs- Production levels were up by ~25% in line with pickup in demand. Our interactions with leading channel partners indicate pickup in enquiry levels, thereby raising our hopes for upcoming festive season. In Aug month inquiries for 2Ws/PVs showed positive momentum in festival bound states. CV demand sentiments are also showing the signs of recovery with improvement in fleet utilization rate (at 70-75% v/s 55-60% in May-21), freight availability as well as an aggressive stance of financiers leading to easier finance availability for the mid to large size fleet operators. On tractors' side,...