Revenues of Road Logistics to Grow at a Sedate Pace of 3%-6% in the Country in FY25: ICRA

Kolkata: The revenues of the Indian road logistics industry to remain range-bound and grow at a sedate pace of 3-6% in FY2025, given the limited ability of players to increase the freight rates, expected softening in the Centre’s capex during the elections (given the Model Code of Conduct requirements) and moderation in consumer demand sentiments amid high inflation and interest rates. The outlook for the sector continues to be stable, fuelled by sustained momentum in economic activities,…
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Source: https://www.etvbharat.com/amp/en/!business/revenues-of-road-logistics-to-grow-at-a-sedate-pace-of-3-percent-to-6-percent-in-the-country-in-fy25-icra-enn24040802212