Truck Rentals down by 15% from Nov to May
The ongoing slowdown in factory output and the increase in cargo capacity — thanks to the new axle norms — has hit freight rentals by 13%-15%. According to Indian Foundation of Transport Research &...
Tagged: Fleet Operators
Temporary liquidity blip, CV growth
CV growth will largely be driven by a pick-up in infrastructure sector and stable demand from core freight-intensive sectors such as cement, steel, automobiles, and EXIM trade. New Delhi: Credit rating agency, ICRA in its year end...
Indian CV Inc likely to register volume growth of 5-6% in FY2017
After a healthy growth in the first quarter, the CV industry suffered due to weak replacement demand and deferment of purchase by fleet operators on uncertainty related to impact of GST on vehicle prices....
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