The COVID-19 lockdown initially caused truck movement in India to fall by 90-95% as only essential goods were exempt. While truck movement slowly increased over April and May as lockdown restrictions eased in some areas, transportation was still down significantly. By late April, only 40% of trucks had returned to roads, mainly carrying agricultural and fast-moving consumer goods, with some recovery in other industries. As lockdowns continued loosening, the transportation sector saw increased recovery, but future growth depends on overall demand.
The COVID-19 lockdown initially caused truck movement in India to fall by 90-95% as only essential goods were exempt. While truck movement slowly increased over April and May as lockdown restrictions eased in some areas, transportation was still down significantly. By late April, only 40% of trucks had returned to roads, mainly carrying agricultural and fast-moving consumer goods, with some recovery in other industries. As lockdowns continued loosening, the transportation sector saw increased recovery, but future growth depends on overall demand.
The COVID-19 lockdown initially caused truck movement in India to fall by 90-95% as only essential goods were exempt. While truck movement slowly increased over April and May as lockdown restrictions eased in some areas, transportation was still down significantly. By late April, only 40% of trucks had returned to roads, mainly carrying agricultural and fast-moving consumer goods, with some recovery in other industries. As lockdowns continued loosening, the transportation sector saw increased recovery, but future growth depends on overall demand.
on the 2nd or 3rd day of the lockdown, when movement of trucks fell by 90% – 95%. The little movement witnessed was of essential goods which had not come under the purview of restrictions imposed due to the lockdown. There has, however, been a slow and steady recovery of goods movement through the months of April and May. This was largely due to relaxations of the lockdown in the non-hotspot regions of the country.
As of April 30, 40% of the trucks seem to be back
on the roads. Primary drivers are Agriculture and FMCG, with some recovery in industries like metals, chemicals, and infrastructure.
With the loosening of lockdown across the
country, the sector bounced back. And growth of this sector depends upon the demand.