According to a recent report mini-truck sales have slowed in India in 2013. This segment includes vehicles with a payload of under one ton like the Tata Ace. Combined with pick-ups that fall under a gross vehicle weight of 3.5 tons, they make up what is referred to as the Small Commercial Vehicle market. This market had been growing quite well in recent years as a hub and spoke model of distribution has been widely implemented. The vehicles in this segment are often used in the last mile of this distribution scheme. However, analysts believe this market has become saturated in the larger metropolitan areas. Mini-truck sales have dipped below pick-up sales which also slowed toward the end of the year.  Learn more:  TheHindu.com

Comment:  Polaris is making an effort to grow sales in the Indian market through a strategic partnership. While their focus appears to be more on the off-road vehicles and snowmobiles, they also starting to sell the GEM which in some configurations would be appropriate for this application.