An increase in manufacturing output, uptick in consumer spending and e-commerce activities augur well for road logistics demand.
Road Transport
MMRDA secures Rs 31,673 cr loan from PFC to fast-track Mumbai’s infrastructure projects
Out of the total amount, Rs. 15,071 crore will be directed towards the Thane-Borivali twin tunnel project.
MMRDA plans Rs 10,833 cr access-controlled highway to boost connectivity
MMRDA has proposed an access-controlled highway connecting Kalyan, Dombivli, Ulhasnagar, Ambernath, and Badlapur with Mumbai and Navi Mumbai.
EKA Mobility deploys electric buses in Uttarakhand to boost green transportation
The EKA 9 e-buses have been deployed on the Dehradun-Rishikesh route via Haridwar, covering a daily distance of 300 km.
ICRA revises road project awards forecast for FY2025 to 8,500-9,000 km amid sectoral challenges
The decline in road project awards and increased competition in bidding reflects the challenges faced by the sector, with a gradual shift towards BOT toll projects expected.
Commercial vehicle industry: India’s economic pulse
The Indian commercial vehicle industry, a key economic indicator, faces a complex landscape in 2024 with mixed trends across segments influenced by macroeconomic conditions, market
preferences, and policy changes.
Mahindra Last Mile Mobility unveils new electric four-wheeler ‘e-ZEO’ on world EV day
The Mahindra ‘e-ZEO’ features an efficient high-voltage architecture that ensures superior energy efficiency, extended range, and faster charging times.
India’s highway development received a 90% capex boost in 5 years: MoRTH
Average annual construction rate of highway development has increased significantly and is 2.4 times higher in the 2014-2024 period compared to 2004-2014.
Porter expands services in Thiruvananthapuram and Visakhapatnam
The expansion aims to enhance Porter’s logistics infrastructure and accessibility while complementing its existing operations across India.
Veera Vahana, Exponent Energy to introduce 15-minute rapid charging e-bus
Veera Vahana’s e-bus will reduce the operating expenses of fleet owners by 30 per cent compared to an ICE bus.