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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.
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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).
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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.
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