Road Freight Market India, Road Freight Industry India, Market Sales, Major Players: Ken Research Competitive Scenario in India Road Freight Market The road transport market is extremely fragmented with more than 70% of India’s overall fleet being held by Small Fleet Operators (SFOs), accounting for a majority of volume of goods transported. Companies are focusing on providing value added services along with trucking. The companies are even shifting towards… Read More »
India Road Freight Market, India Road Freight Industry, Market Revenue: Ken Research How is India Logistics and Warehousing Market Positioned? Overview: India has been ranked at 4th position in the world in railway freight traffic after China, US and Russia. Under the land freight corridors, ~% of domestic freight volume carried through road; high compared to ~% in developed countries. India Logistics Market has witnessed an average… Read More »
India Road Freight Market is Expected to Cross INR 9,500 Bn by 2024: Ken Research The truckers who have bought trucks with 50-100% institutional finance will see a tough time due to COVID 19 and need to maintain 90% capacity utilisation for upcoming EMIs, Insurance premiums & Permit with same freight cost in spite of high diesel cost. The Government is investing ₹ 20-30 Tn (15% via PPP) in transport infrastructure with… Read More »
Rising Cold Transportation, Revision of Government Norms and Increasing Tech Penetration is Facilitating Growth in Road Freight Industry in India: Ken Research Increased Government Spending: The government under the budget of 2020-2021 has allocated INR 170,000 crore for Transportation which is 8% higher than the budgetary allocation of 2019-2020. The National Infrastructure Pipeline for 2019-2025 pegged the projected capital expenditure for Transportation (covering Roads, Railways, Ports and Airports) at about INR 35.7 lakh crore. Various efforts include Bhratamala Pariyojana and… Read More »
India Road Freight Market Outlook to 2024: Ken Research The report titled “India Road Freight Market Outlook to 2024 – Driven by BS VI Norms, revision in Existing Axle Norms by the Government and Technological Advancements” provides a comprehensive analysis on the status of logistics sector in India. The report covers various aspects including the current logistics scenario in India, its components viz, freight transportation, warehousing,… Read More »
