Wednesday, October 4, 2023

Email id:, Contact Us : +91-9871552944

Home Automotive, Transportation and Warehousing Rising Cold Transportation, Revision of Government Norms and Increasing Tech Penetration is...

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 the Sagarmala Project, Bangalore suburban transport project and many more.

High seasonal demand variation: The demand for trucking in India is the highest during Festive Months (Sept, Oct, Nov, and Dec) and harvesting Months (February to April) where the occupancy of trucks can rise by 30-40% along with freight fluctuations of 6-7% in comparison to normal freight rates prevailing in the trucking Industry.

Change in Government Regulations: The government is constantly changing the regulations associated with trucking industry such as Restriction of trucks above age of 15 years to phase out older & polluting vehicles from the country. GST has shifted all manual transactions to digital mode with e way bills and Fastags ensuring more transparency into the system. The government has even revised Axle norms to increase load capacity that have impacted Small fleet operators negatively.

Improving Cold Transportation: India exports huge variety of Fruits and vegetables which require Cold Chain Services which are extensively being used now-a-days in India. Inspite of huge Cold Storage Capacity, the country still lacks in Cold transportation services with only 30k refrigerated containerized trucks available on road. In the past few years many food and meat processing companies such as Hibachi, Tendercuts, Zappfresh and more who require Cold transportation is being catered by many cold transporters such as GATI KWE, DHL Smart trucking,  Snowman, Coldman logistics and more providing Integrated Logistics Solutions and positively impacting Road freight market of the country.

Analysts at Ken Research in their latest publication India Road Freight Market Outlook to 2024 – Driven by BS VI Norms, revision in Existing Axle Norms by the Government and Technological Advancements believe that the Road Freight Market in India is expected to grow due to Government spending on Roads, Ports, Inland Coastal Shipping to reduce congestion in metropolitan Cities, increasing E commerce sector, Revised Axle norms that have reduced freight Cost and increased the capacity of trucks in India.


Key Segments Covered:-

Freight Forwarding Market

By  Mode of Transportation

Road Freight (Fleets, Volume, FTK, Price/ton/km and Revenue)

Sea Freight (Volume, Price/ton/km, Revenue and Inland Coastal Shipping Price/ton/km)

Air Freight (Volume, Price/ton/km and Revenue)

By Road transportation

Less than Truck load (Revenue)

Full truck load (Revenue)

By Type of Fleets (Number of Fleets)

Less Goods Carrier Vehicles

High Goods Carrier Vehicles

Companies Covered:-


VRL Logistics


OM Logistics



Express Logistics

Aggarwal Packers and Movers

NTC Logistics


Associated Road Carriers

KerryIndev Logistics

Coastal Roadways

Stellar Value Chain

Sical Logistics



Anand Roadlines

Southern Cargo

Andhra Bangalore Roadways


CTC Freight Carriers

Mahindra Logistics

ALL Cargo


Key Target Audience:-

Freight Forwarding Companies

E Commerce Logistics Companies

3PL Companies

Consultancy Companies

Logistics/Warehousing Companies

Time Period Captured in the Report:-

Historical Period – FY14-FY19

Forecast Period – FY20-FY24

For More Information on the research report, refer to below link:-

India Road Freight Market

Related Reports:-

Philippines Road Freight Market Outlook To 2024 – Driven By Government Spending On Road Infrastructure and Technological Advancements

Philippines Logistics And Warehousing Market Outlook To 2024 – By Freight Forwarding (Air, Sea, Land), Domestic And International Freight Flow Corridor; By Warehousing (Industrial/Retail Freight, Container Freight, Cold Storage, Agriculture And Others), Express And E-Commerce Logistics, Balikbayan Box, Third Party Logistics

Indonesia Logistics and Warehousing Market Outlook to 2023 – Driven by Infrastructure Spending for Airport and Seaports Albeit by Poor Existing Road Network

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications


Triển vọng thị trường kho bãi Việt Nam đến năm 2022 – theo mô hình kinh doanh và theo người dùng cuối điện tử,...

MUA NGAY Thị trường kho bãi Việt Nam được định vị như thế nào? Các kho hàng hoạt động tại Việt Nam chỉ đơn giản là...

The Thailand Car Mobility-as-a-Service Market is expected to contribute USD ~2500 Mn by 2027 owing to contactless car-sharing, online booking and government regulations: Ken...

Buy Now Ecosystem of Car Mobility-as-a-Service Market in Thailand Thailand Car Mobility-as-a-Service Market is at growing stage with highly fragmented market with more than 2,000 players in the...

Decoding KSA’s Warehousing Automation: Demand and Supply Insights: Ken Research

Buy Now Saudi Arabia (KSA) drives warehousing automation as a regional logistics epicenter, fueled by a consolidated market and booming e-commerce demand. Storyline Saudi Arabia's infrastructure...

Most Popular

Triển vọng thị trường kho bãi Việt Nam đến năm 2022 – theo mô hình kinh doanh và theo người dùng cuối điện tử,...

MUA NGAY Thị trường kho bãi Việt Nam được định vị như thế nào? Các kho hàng hoạt động tại Việt Nam chỉ đơn giản là...

SABIC, Ma’aden, Zamil Steel, Tasnee Lead Middle East Metal Working: Ken Research

Buy Now These companies are playing a crucial role in uplifting the trade & manufacturing within the region, keeping sustainable practices in mind In the dynamic...

Why UAE’s Debt Collection Industry is poised for growth despite the many challenges it faces in a competitive market? : Ken Research

Buy Now In this enlightening whitepaper, we delve into the intricacies of the UAE's debt collection industry, which has witnessed a formidable surge in growth...

US LI-ION Battery Market is Expected to reach ~USD 40 Bn by 2028: Ken Research

United States is facing a huge demand of Lithium batteries due to growing electrification in west with growing at the rate of 25.36% by...