Straight Drive

Commercial Vehicle - - WHAT'S INSIDE - Bhushan Mhapralkar b.mhapralkar@nextgen­pub­lish­ing.net Com­mer­cial Ve­hi­cle Mag­a­zine@cv­magazine

Bhushan Mhapralkar

GST has rolled out amid much anx­i­ety and trep­i­da­tion. It fol­lows within a year of de­mon­eti­sa­tion, the ef­fect of which is yet to sub­side. CV sales in April and May 2017 have not pro­vided a rea­son to cheer. If pre-buy­ing hap­pened in Fe­bru­ary and March 2017, the last two months have shown that trans­porters are in a wait and watch mode. It will take time be­fore a clear pic­ture emerges. For the CV in­dus­try, the last eight months have re­sulted in not two, but three dis­rup­tive changes. Freight rates along trunk routes have re­mained con­stant af­ter a three to four per cent rise in March 2017. If the daily re­vi­sion of fuel prices has mod­i­fied the way trans­porters mea­sure their op­er­a­tions, the ar­rival of GST has en­sured that the very man­ner in which they con­duct busi­ness changes. Mar­gins are un­der pres­sure, and de­spite GST ex­pected to have a pos­i­tive ef­fect on the trans­porta­tion in­dus­try. Oc­troi and LBT posts have dis­ap­peared. Bor­der check posts should dis­ap­pear as the in­flu­ence of e-way bills grows. A new rare pe­riod has just be­gun, and with a hope that strong growth will fol­low.

new rare pe­riod has just be­gun, and with a hope that strong growth will fol­low.”

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