How has the long-haul trucking industry transformed since the setback of the pandemic? Could you provide an overview of the industry at present?
The challenging pandemic years have ended with the return of consumer confidence and an increased priority to infrastructure development. We are seeing a noticeable increase in the demand for long-haul trucks to transport essential building materials like cement and steel. Furthermore, an increase in consumer spending and the growth of e-commerce is translating into demand for not only long-haul trucks but also efficient long-haul logistics services.
At Eicher, we have seen significant traction in the long-haul segment. Our customers appreciate our modern trucks which are backed by our commitment to Uptime. For the past three years, all Eicher vehicles have been equipped with connected telematics, enabling us to deliver uptime to our customers.
Looking ahead, we are confident that several factors will drive the demand for long-haul transportation services. These factors include the robust economic recovery of the country, substantial investments in infrastructure, the implementation of the Logistics Policy and Gati-Shakti, and continued emphasis on initiatives such as 'Make in India'.
The Eicher Truck Sales Report March 2023 has observed a sales growth of 18.72 percent. What are the contributing factors resulting in this increase?
This story is from the July 2023 edition of The Machinist.
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This story is from the July 2023 edition of The Machinist.
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