NEW YORK, November 15, 2016 /PRNewswire/ -- Anticipated growth in construction, manufacturing and logistics sectors, coupledwith increasing focus on tourism industry by central as well as various state governments to propel India commercial vehicles market through 2021 According to TechSci Research report, "India Commercial Vehicles Market By Vehicle Type, By End Use Industry, Competition Forecast and Opportunities, 2021'', the commercial vehicles market of India is projected to grow at a CAGR of over 14%, in value terms, over the course of next five years, on account of robust infrastructural developments coupled with growing logistics requirement arising from construction sector. On the basis of gross vehicle weight, the commercial vehicles market is broadly segmented into light commercial vehicles (LCVs), medium commercial vehicles (MCVs), and heavy commercial vehicles (HCVs). Light commercial vehicles are widely used for last mile connectivity needs across the country, due to easy manoeuvrability, better mileage, and lower operational cost. (Logo: http://photos.prnewswire.com/prnh/20140117/663730 ) On the other hand, MCVs and HCVs market is expected to be driven primarily by implementation of proposed infrastructure projects and revival of construction and mining sectors. Apart from expected growth in mining and construction sectors of India, rise in tourism industry and growing population of India, is likely to push the demand for passenger transportation. In order to cater this increasing demand, various State Road Transport Undertakings (SRTUs) along with private players are focusing on enhancing their commercial vehicles fleet size, thereby, fuelling the demand for commercial vehicles in the country.