India, June 26 -- The implications of the West Asia war, specially diesel price hike, will have a short-term impact on domestic commercial vehicle demand, which is expected to grow in single digit this fiscal but India's macro-economic growth will help overcome it in the long term, Tata Motors Ltd MD & CEO Girish Wagh said on Thursday.

Terming fuel price hikes and increase in cost of commodities as "cyclical headwinds", he said those will lead to some changes in the quarterly and annual demand but in the long term, "India's growth story will lead to increase in road freight, and therefore the commercial vehicle demand".

"We do have short-term headwinds. The Middle East crisis, the resultant increase in oil prices, and the final resultan...