Indian truck fleets need flexibility and quick decision making

Truck sales in India were up around 20% year-on-year for 2018, reaching nearly a million units. The country’s trucking segment is now maturing on several fronts: for example, the upcoming leap from Bharat Stage IV to VI in 2020 will phase out heavy-polluting vehicles still working in the US$180bn industry, and could push new powertrain technologies. However, perhaps of greater interest to players is the improved connectivity available which promises greater efficiency, optimised utilisation and more. Despite a recent slowdown, India remains one of the world’s fastest-growing major economies, with Moody’s predicting GDP growth of 6.2% for 2019. This is great news for road freight transport, but continued growth only makes freight marketplaces and related services more important.