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Truck rentals rise in June amid pre-kharif demand

 India’s logistics and mobility ecosystem saw a steady recovery in June 2025, supported by pre-Kharif agricultural activity and manufacturing sector targeting exports, according to Shriram Mobility Bulletin.

Farm-linked categories and electric vehicles stood out as growth drivers in automotive sales, underlining the evolving contours of India’s mobility landscape.

"June 2025 underscored a positive shift in economic momentum across transportation sector. Truck rentals saw healthy month-on-month growth, spurred by a revival in manufacturing activity. Export-driven freight shows continued resilience, setting a constructive tone for Q2. While fuel consumption and FASTag collections dipped slightly, their sharp year-on-year rise signals enduring structural recovery and seasonal mobility trends….," said Y S Chakravarti, CEO and Managing Director, Shriram Finance.

Truck rentals saw a positive momentum across most key trunk routes owing to increased hiring by private sector. The Kolkata–Guwahati–Kolkata corridor witnessed a month-on-month (MoM) rise of 2.4 percent, while the Mumbai-Chennai–Mumbai route grew by 1.9 percent and the Delhi-Hyderabad-Delhi route saw a 1.6 percent increase in truck rentals.

On a year-on-year (YoY) basis, truck rentals surged 14 percent on the Kolkata–Guwahati–Kolkata route and 12 percent on the Mumbai–Chennai–Mumbai corridor and 9 percent on the Delhi-Hyderabad-Delhi route.