(MENAFN- KNN India) New Delhi, Dec 5 (KNN) Reflecting strong freight demand, truck rentals on some of the major routes in the country increased 6-11% year-on-year (YoY) in the month of November this year.

As per the latest edition of Shriram Mobility Bulletin, Mumbai–Chennai–Mumbai route witnessed sharpest increase in truck rental of 11% during November as compared to the same month last year.

Truck rental went up 10% each on Delhi–Mumbai–Delhi and Kolkata–Guwahati–Kolkata routes while Bengaluru–Mumbai–Bengaluru saw 9% year-on-year.

On Delhi–Hyderabad–Delhi route, truck rentals climbed 8% year-on-year. About 6–7% increase was seen across Delhi–Bengaluru–Delhi, Guwahati–Mumbai–Guwahati and Delhi–Kolkata–Delhi routes.

"Truck rentals remained broadly stable across key trunk routes in November. The sharpest month-on-month (MoM) increases were seen on the Guwahati–Mumbai–Guwahati and Kolkata–Guwahati–Kolkata corridors, both up 0.7% MoM. Rentals on Delhi–Mumbai–Delhi, Delhi–Kolkata–Delhi and Mumbai–Chennai–Mumbai rose 0.6% MoM, while Delhi–Hyderabad–Delhi, Delhi–Chennai–Delhi, Delhi–Bengaluru–Delhi and Bengaluru–Kolkata–Bengaluru increased 0.5% MoM," Shriram Mobility Bulletin said.

The report said that FASTag toll volumes declined 1.9% MoM and 5% YoY in November this year, while value collections rose 1.4% MoM and 8% YoY (as of November 28th 2025).

"The divergence points to higher-value freight trips even with fewer vehicle passes," it noted.

As per the monthly bulletin, E-way bill activity softened in November following extensive pre-festive dispatches in October. Intra-state e-way bill generations declined 2% MoM but rose 14% YoY, while transaction values fell 5% MoM but remained 7% higher YoY.

"Inter-state e-way bill generations fell 8% MoM but were 2% higher YoY, with values declining 8% MoM yet registering a 2% YoY increase," it said.

Sudarshan Holla Balnad, Joint Managing Director and Chief Operating Officer – Commercial Vehicle Vertical, Shriram Finance said that with lower GST rates and peak economic activity rentals are expected to remain firm heading into winter.

"However, early signs of stress are emerging in export-oriented manufacturing sectors, largely due to US tariffs-a situation that could improve once a trade deal is finalized," he noted.

(KNN Bureau)

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