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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

Trucks

Logistics providers say the new tax regime not only saves tax and time, it also reduces logistics costs The medium and heavy commercial vehicle (M&HCVs) segment, which saw volumes grow 25 per cent year-on-year in the March quarter and 20 per cent in FY18, could face a roadblock in the form of easing overloading restrictions. Over the last few weeks, analysts say that overloading restrictions in states of Uttar Pradesh (UP) and Rajasthan have significantly eased. Chirag Jain and Indarpreet Singh of SBICAP Securities argue that the easing of restrictions has already ...