What is the size of the truck market in India?
India truck market is estimated at ~0.6-0.8 Million units per annum, world`s third biggest after China and US LCVs (Light commercial vehicles) account for ~65-70%% of total truck sales every year and Mahindra & Mahindra is the market leader in that segment
What is the demand for trucking in India during festive months?
The demand for trucking in India is the highest during festive months (Sept, Oct, Nov, and Dec) and harvesting months (February to April) where the occupancy of trucks can rise by 30-40 percent along with freight fluctuations of 6-7 percent in comparison to normal freight rates prevailing in the trucking Industry.
What is the problem of overloading of trucks in India?
Truck overloading has been a menace in India resulting in deterioration of roads and increasing number of accidents. Freight overloading up to 100 percent is a common thing, various transporters are doing the same from last too many years…,” said Malhotra.
What will increase in load carrying capacity of heavy vehicles mean?
NEW DELHI: The load carrying capacities of heavy vehicles, including trucks, have been increased by 20-25 per cent at par with global standards, and it would help in reducing logistics costs, Road Transport Minister Nitin Gadkari said today.
What is the maximum weight a truck can carry in India?
i) 49 tonnes in case of rigid vehicles; and (ii) 55 tonnes in case of semi-articulated trailers and truck-trailers except modular hydraulic trailers.
What is the maximum load capacity of a truck?
The gross vehicle weight of a two-axle truck (two wheels in the front axle and four wheels in the rear) has been increased to 18.5 tonne from the existing 16.2 tonnes, increasing the load carrying capacity by just over 20%. The statutory order was issued by the road transport and highways ministry late on Monday.
What is GVW in truck in India?
Gross Vehicle Weight is the total weight of vehicle including ULW and Payload , it includes the combined weight of every axle placed under the chassis. Mathematically , GVW = ULW + Payload.
What is the capacity of a lorry?
According to the order, the maximum loading capacity of 10-tyre trucks/trailers has been increased from 16 tons to 20 tons, while the 12-tyre lorries can load upto 26 tons as against the current capacity of 21 tons.
How do you calculate truck load capacity?
Subtract your truck's curb weight from its GVWR—that's your payload capacity! For example, if your truck's GVWR is 9,000 lbs and it weighs 5,000 lbs empty, then your payload capacity is 4,000 lbs. You can put 4,000 lbs of people and stuff in your truck.
How many tons can truck carry?
On average, large dump trucks can carry roughly 28,000 pounds or about 14 tons. Smaller dump trucks can manage about 13,000 pounds to 15,000 pounds or 6.5 to 7.5 tons.
How much overloading is allowed?
Officials said exempting the 5% overloading has been proposed considering the fact that in many cases the big cargos cannot be cut or reduced. “Now the truckers must ensure that they follow rules and be ready to face the music, if they load more than the allowed weight,” said a road transport ministry official.
What is the weight of truck?
With a slightly increased weight limit from Class 3 (up to 16,000 pounds) and average curb weight ranges between 6,000 and 8,000 pounds, medium trucks are the bread-and-butter of the truck world.
What is new axle load norms?
As per the notification issued by the Road Transport and Highways Ministry, the maximum safe axle weight in the vehicle of single axle with two tyres has been changed from 7.5 tonnes to 7 tonnes.
What is the capacity of 14 wheeler truck?
Ashok Leyland launched India's first 4-axle 8x2 DTLA Truck(14-wheeler) AVTR 4120 which has a capacity of 40.5 tonne Gross Vehicle Weight (GVW).
What is the capacity of 16 wheeler truck?
The Gross Vehicle Weight (GVW) of the truck is 47500 kg, and it can transport a maximum payload of 34000 kg.
What is the load capacity of 6 wheeler truck?
There are variety of 6 wheeler trucks offering 10 ton loading capacity (payload) from different commercial vehicle manufacturers in India. These 6 tyre trucks with 10 ton payload from different brands are available for sale in multiple body configurations.
What is the importance of choosing the right type of truck?
We have a huge range of trucks, each of which has its specific purpose. Depending on your load size and type, we recommend the most suitable option...
Which are the most common types of trucks used for transportation?
We have trucks that are grouped in three categories- Closed Body Trucks or Container Trucks, Heavy Open Body Trucks and Light Open Body Trucks. Clo...
How do I book a truck with you?
If you want to book a truck with us, we offer you three different yet easy ways. Using our website Using our mobile app Using a phone call Once you...
Why should I hire your truck booking services?
We are the most reliable truck booking company in India and help our customers to book a truck anywhere, anytime. Our truck booking mobile app make...
How will I pay for truck booking online?
TruckGuru provides the simplest way of booking trucks online at the cheapest rates with quality services. If you are booking a truck using a mobile...
What is Truckguru?
TruckGuru is the leading transporter in India, uses different types of trucks to suit different kinds of loads. We choose these trucks to do a specific type of job. Depending on their shapes and sizes, these trucks make the transportation of goods and freight easy.
Why is it important to choose the right truck?
People avoid using transport services because of their high price, but there is good news. Choosing the right type of truck to ship your goods is can help to decrease the per-unit cost of transportation. TruckGuru allows you to choose the right ...
COMMERCIAL VEHICLE SALES IN INDIA FY 2014-2019
Commercial Vehicles hold 4% of the total market share of all vehicles sold in India. This is in comparison to a 13% market share for passenger vehicles, 3 percent for three wheelers and a massive 80 percent held by two-wheelers as of Oct 2019.
HEAVY TRUCK MARKET ANALYSIS
The heavy truck market in India reached an all time high in FY 2019 when sales crossed 350,000 units, due to high replacement demand and continued govt infrastructure spending. But, by oct 2019 the demand has slowed down and all CV makers have registered ~20-45% decline in FY-20 so far.
INDIA TRUCK MARKET- RECENT DEVELOPMENTS
Nov 2019-Daimler India Commercial vehicles unveiled the longest extended warranty (upto eight years or 800,000 kms) for all BSIV compliant heavy and medium duty trucks
TRUCK MARKET IN INDIA-THE WAY FORWARD
The ICV (Intermediate commercial vehicle) segment , GVW of 6.2-to 16.2 tonnes accounts for 30% of India truck market and has grown at 12% CAGR in past three years. We expect multiple new launches in this segment
Commercial Vehicle Sales in India FY 2014-2019
Heavy Truck Market Analysis
- The heavy truck market in India reached an all time high in FY 2019 when sales crossed 350,000 units, due to high replacement demand and continued govt infrastructure spending. But, by oct 2019 the demand has slowed down and all CV makers have registered ~20-45% decline in FY-20 so far. Falling freight rates and low freight availability are a cause of major concern among fleet …
India Truck Market- Recent Developments
- Nov 2019-Daimler India Commercial vehicles unveiled the longest extended warranty(upto eight years or 800,000 kms) for all BSIV compliant heavy and medium duty trucks Nov 2019– Ashok Leyland(#2 in M&HCVs in India) unveiled its entire range of BS VI compliant products- the first OEM to do so Oct 2019– Daimler India commenced production of BS-VI-compliant heavy duty e…
Truck Market in India-The Way Forward
- The ICV(Intermediate commercial vehicle) segment , GVW of 6.2-to 16.2 tonnes accounts for 30% of India truck market and has grown at 12% CAGR in past three years. We expect multiple new launches in...
- There is possibility that some customers are waiting to buy the latest Bharat Stage (BS)-VI emission standard compliant vehicles or are waiting for more incentives from vehicle maker…
- The ICV(Intermediate commercial vehicle) segment , GVW of 6.2-to 16.2 tonnes accounts for 30% of India truck market and has grown at 12% CAGR in past three years. We expect multiple new launches in...
- There is possibility that some customers are waiting to buy the latest Bharat Stage (BS)-VI emission standard compliant vehicles or are waiting for more incentives from vehicle makers who will be l...
- SIAM(Society of Indian Automobile Manufacturers) has already sought a GST relief coinciding with the implementation of BS VI as a pro-active measure to prevent vehicle sales from declining further
- Despite positive numbers, the India truck market is expected to see a slowdown. A variety of …
Key Contents of The Report Include
- Market Size and Forecast segmented by tonnage capacity, application and region
- Details on manufacturing facilities, existing capacity, planned increase in capacity and Key component suppliers in India
- Impact of BS VI emissions norms on overall supply chain
- All about fleet operators in India and their pain points
Company Profiles
- Mahindra and Mahindra
- Maruti Suzuki India Pvt Ltd
- Tata Motors
- Ashok Leyland