Miles To Empty: India's Trucking Sector Signals Economic Drag
A dip in demand for freight haulage reflects broader uncertainties in the nation's growth trajectory.
For those who track the news of commerce, the rumble of diesel engines across India's vast highway network has long been a reassuring indicator of economic vitality. But a recent dispatch from Shriram Mobility, attuned to the pulse of the transportation sector, suggests a deceleration.
Truck rentals, a bellwether of goods movement, are displaying an uncharacteristic sluggishness, mirroring a wider recalibration of economic expectations. This dip, attributed to a confluence of factors—general slowdown in industrial activity, tepid infrastructure demand, and the perennial caution of the fiscal year-end—paints a picture of muted momentum in Asia's third-largest economy.
The granular ...
This is an Autocar Pro Plus article. Subscribe to continue reading.
RELATED ARTICLES
Tata Motors Reclaims No. 2 Title in Retail Car Market After 7-Month Gap
In February, Mahindra overtook both Tata Motors and Hyundai, briefly breaking the long-standing Maruti–Hyundai duopoly a...
Hero MotoCorp Leads FY25 2-Wheeler Retail Sales; Market Share Dips
Hero MotoCorp’s market share declined to 28.84% during 2024–25 from 30.79% in 2023–24, while Honda Motorcycle and Scoote...
DICV Appoints Rajiv Chaturvedi President and Chief Business Officer
Chaturvedi spent five years at Hyundai Construction Equipment India, leading sales, after-sales, and parts distribution....