Straight Drive

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

Bhushan Mhapralkar

Two de­vel­op­ments, the e-way bill and the union bud­get, are set to in­flu­ence the trans­port ecosys­tem. How the union bud­get will in­flu­ence the CV in­dus­try will be re­flected by how the health re­form, ru­ral and MSME spend­ing have an ef­fect. As the econ­omy rises, and with it the GPD, the CV in­dus­try will also rise. In the wake of the cur­rent sit­u­a­tion, chal­lenges like dis­counts con­tinue to pre­vail. The other, and per­haps the more dy­namic in na­ture, is the chal­lenge of fuel price rise. It has the abil­ity to dampen the en­thu­si­asm by in­creas­ing the fis­cal deficit, and in turn, in­fla­tion. It is no se­cret that it will in­flu­ence CV in­dus­try mo­men­tum. Many CV OEMs would be launch­ing new and up­graded mod­els. Dic­tated by reg­u­la­tions in part, and by mar­ket de­mands in part as aware­ness for tech­nol­ogy among buy­ers in­creases, the year 2018 looks set to be yet an­other year of chal­lenges and thrilling achieve­ments. The shift to higher ton­nage trucks will con­tinue. New gaps at the lighter end will en­sure new, in­no­va­tive prod­uct launches. The bus mar­ket is also set to see some very in­ter­est­ing changes. An ex­cit­ing de­vel­op­ment would be in the area of al­ter­nate fuels and NVH. A big gain will be in the area of safety and com­fort.

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