Transportation Sector Records Demand Growth Ahead Of Festive Season
Mumbai, Sept. 6 -- Truck rentals across trunk routes held firm in August, supported by demand ahead of the festive season, according to the Shriram Mobility Bulletin published by Shriram Finance.
The report states that month-on-month rental increases were led by the Mumbai-Kolkata-Mumbai and Bengaluru-Mumbai-Bengaluru corridors, which rose by 2 percent each. The Kolkata-Guwahati-Kolkata route recorded an increase of 1.9 percent, while the Delhi-Kolkata-Delhi route rose by 1.7 percent.
On the other hand, on a year-on-year basis, the Delhi-Kolkata-Delhi route recorded rental growth of 15 percent, followed by Bengaluru-Mumbai-Bengaluru and Kolkata-Guwahati-Kolkata at 11 percent each.
Shriram Finance states that vehicle sales data indicate...
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