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4 Trends in 2017 That Shaped Truck Transportation Business in India

Here we will discuss the trends in 2017 that changed the ways the truck transportation services in Noida work. All the trends we have selected have a potential to change the overall future of the truck transportation industry in India.

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4 Trends in 2017 That Shaped Truck Transportation Business in India

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  1. Truck Transportation in India : HAULTIPS.COM 4 Trends in 2017 That Shaped Truck Transportation Business in India

  2. We are already in the tenth month of the year 2017, so we can say the end of the year 2017 is fast approaching. Like 2016, this year, we witnessed some developments that left some positive and negative impacts on the truck transportation industry in India.

  3. In this article, we will discuss the trends in 2017 that changed the ways the truck transportation services in Noidawork. All the trends we have selected have a potential to change the overall future of the truck transportation industry in India. Just have a look

  4. Demonetization wave • Demonetization although started towards the end of the year 2016, but its impact was felt by truck transporters in India for the major part of the year 2017. There are economic experts in India who call it as a favourable move for the truck transportation industry in India. In the initial months of 2017, due to tight sales crunch, the move affected the business of the truck transportation services in India partially, but as the impact of the demonetization started diminishing, the business of the truck industry also started coming back on the track.

  5. Mandatory AC regulation • The mandatory AC regulation for truck transportation services by the Government of India is perhaps the most significant development in 2017 that we can expect to produce the best effect on the transportation Industry in the country. The Center amended the already existing motor vehicles act, 1988. The amendment in the law made it necessary for the truck makers in the country to sell trucks, which are pre-fitted with the AC with effect from the date April 1, 2017. There were some experts who anticipated that the amendment will result in the increased freight rates, but the majority of the truck transportation services in the country got a reason to rejoice. The time will tell the story that will the truck manufacturers will take care of the new amendment related to new AC norms.

  6. Converting State highways into the National highways The decision of converting state highways into the national highways is one more significant and interesting development that was welcomed by the truck transportation services in the country in one voice. The government of India made a budgetary announcement that 50,000 km of state highways will be converted into national highways. The truck transportation industry welcomed this decision of the Government of India as it is supposed to reduce the operational costs in the country. The Truck Transporters in the country hope it will leave a positive impact on the net earnings of the truck transporters in the country. The economic experts in India say that this move by the government of India towards developing the infrastructure is hoped to bring a fresh impetus to the logistics and the transportation sector.

  7. Implementation of GST The Government of India implemented GST, the tax on Goods and Services decision on 1 July 2017. The benefits of this decision of GOI for the transportation industry in the country are many. It will reduce the idle hours for truckers. This can be considered a very significant advantage of GST for the truck transporters providing transportation services in the country. It is expected to increase the dependency on the truck transportation in the country.

  8. The truck transportation services in India are becoming more organized and professional day by day. Gone are the days when a few rogue truck drivers who had set their own rules would rule on the roads. Today there are hundreds of truck transportation services in India providing logistic services to the 1.5 billion population of this country. The truck transportation services in India provide their services to all the big and small companies in Noida. Moreover, the transportation services in Noida also provide services to the households in Noida for the relocation of belongings. Some of the above mentioned developments bagged good reactions from the different bodies of the trucking world, while as a few of them bagged bad reactions as well from some quarters of the trucking world. Overall, we can say the year 2017 so far has been full of interesting developments, legislations and new developments for the truck transportation industry.

  9. Contact Us • Name: Haul Tips • Business Email:- info@haultips.com • Contact Number- +91-9971664765 • Address: S-11, 21 site-2 industrial area loni road, Mohan Nagar ,Ghaziabad, UP , India - 201007 • URL http://haultips.com • Facebook : https://www.facebook.com/haultips/ • Twitter: https://twitter.com/haultips • https://www.linkedin.com/company/haultips

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