Straight Drive

The near continuous rise in fuel prices since mid-last year, the rapid rise in inflation, the tweaking of FAME II scheme to benefit electric two- and three-wheelers the most, and the anticipation of third Covid-19 wave hitting in the next six-to-eight weeks, are reflections of a fluid situation that is out to once again test the strength of transporters and CV OEMs. As a loosely structured force, transporters have been drawing attention of the government to their difficulties since last year with little success. The bus operators have not seen their situation improve even in this fiscal. Attention is on the festive season and a good monsoon. The two could uplift the economy by putting more money in the hands of rural population. With stress on agility and innovation, the road ahead looks interesting as well as risky. It also seems to border on uncertainty and could lack trust as well as sentiment.

“WITH STRESS ON AGILITY AND INNOVATION, THE ROAD AHEAD LOOKS INTERESTING AS WELL AS RISKY”.