According to a series of World Bank studies, the road transport freight rates in India have been among the lowest in the world. If the travel time between two destinations is reduced because of a modern network of highways, the studies estimate that productivity will improve by at least 25% on an average in India.
Better highways and roads have also meant that companies are able to use trucks of much larger capacities to transport goods. Traditionally, Indian roads have been built to carry loads of up to 9 tonnes at the most on a single vehicle. With better highways now coming up, trucks with about 12 tonnes of capacity can be regularly used. That may not sound like much. But for a company, the ability to transport 30% more goods in a single consignment can do wonders to cost competitiveness!
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Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
Better highways and roads have also meant that companies are able to use trucks of much larger capacities to transport goods. Traditionally, Indian roads have been built to carry loads of up to 9 tonnes at the most on a single vehicle. With better highways now coming up, trucks with about 12 tonnes of capacity can be regularly used. That may not sound like much. But for a company, the ability to transport 30% more goods in a single consignment can do wonders to cost competitiveness!
For complete IIPM article click here
Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
