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How easing overloading restriction will affect Tata Motors and Volvo Eicher

Medium and heavy commercial vehicle sector's FY19 growth estimates of 12 per cent may be lowered

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Logisticsproviderssaythenewtaxregimenotonlysavestaxandtime,italsoreduceslogisticscosts Themediumandheavycommercialvehicle(M&HCVs)segment,whichsawvolumesgrow25percentyear-on-yearintheMarchquarterand20percentinFY18,couldfacearoadblockintheformofeasingoverloadingrestrictions.Overthelastfewweeks,analystssaythatoverloadingrestrictionsinstatesofUttarPradesh(UP)andRajasthanhavesignificantlyeased. ChiragJainandIndarpreetSinghofSBICAPSecuritiesarguethattheeasingofrestrictionshasalready ...