India Logistics Tracker - Activity Picks Up In February: Motilal Oswal

Motilal Oswal Report

Logistics activity in India picked up in February 2023, with daily average e-way bill generations increasing ~10% month-on-month.

Fleet utilisation stood at 80-85% during the month. Daily average FASTag toll collections increased ~8% month-on-month in Feb-23.

EXIM container volumes handled by the Indian Railways increased ~6% YoY, with its market share in EXIM containers rising to 36% as of Feb-23 (from 34.6% in Feb-22).

Overall, container volumes handled at portsrose ~2% YoY.

Volumes handled at major ports rose ~12% YoY to 65.6 million metric tonne.

Except for fertilizer (down~3% YoY), all other commodities reported YoY growth in Feb-23.

Diesel consumption declined 2.7% month-on-month to seven million tonnes during the month.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.