70 | September 2025 | www.industrialoutlook.in
● Truck rentals stable across key trunk routes.
● Rentals to the mountains in Himachal Pradesh could witness steep increase in August.
● Fuel sales and FASTag collections dropped, largely due to monsoon rains.
● Tractor sales showed sharp increase as copious monsoon rains perk agriculture sentiment.
The Shriram Mobility Bulletin
released today indicates steady
momentum in India’s mobility sec-
tor in July 2025, with stability and
selective upticks across key trans-
port segments driven by prepara-
tions for the upcoming festive
season. This movement signals
gradually improving activity even
as the monsoon season approaches
its final phase, setting the stage for
a likely rise in freight rates in the
coming months as product demand
peaks.
Truck rentals across major national
corridors remained largely stable
during the month, reflecting a
balanced demand-supply environ-
ment. Most key routes such as
Delhi–Mumbai–Delhi, Delhi–Kolk-
ata–Delhi,
and
Mumbai–Chen-
nai–Mumbai saw no change in
freight rates from June. Notably, the
Bengaluru–Mumbai–Bengaluru
corridor recorded a 2.3% MoM
uptick, indicating region-specific
cargo movement. On a YoY basis,
routes like Kolkata–Guwahati–Kol-
kata
rose
10%,
Delhi–Hyder-
abad–Delhi saw 8% growth, and
Mumbai–Chennai–Mumbai
grew
9% continuing to exhibit robust
long-haul freight demand.
Vehicle retail sales in July reflected
both resilience and seasonality.
Passenger vehicle sales rebounded
7% MoM after three consecutive
months of decline, signalling early
festive readiness. Maxi Cab sales
surged 40% MoM, likely on account
of increased fleet deployment for
seasonal intercity movement. Agri-
cultural tractors rose 15% MoM,
supported by healthy rainfall and
active Kharif sowing activity, while
commercial tractors climbed 14%,
indicating robust rural and agri-sup-
ply chain demand. Meanwhile,
two-wheeler sales declined 7%
MoM,
and
construction-linked
categories such as earth-moving
equipment (-38%) and commercial
construction vehicles (-55%) were
impacted by ongoing rains.
Electric vehicle sales continued to
show upward momentum. EV motor
car sales surged 14% MoM and over
1300% YoY, while E-3 wheelers
recorded a 19% MoM increase,
driven by commercial and intra-city
transport demand. E-2 wheelers saw
a 4% MoM decline, likely due to
global
supply-side
constraints
involving
rare
earth
magnets,
though YoY performance remained
strong.
Fuel consumption dipped in July
due
to
monsoon-led
mobility
constraints. Petrol usage fell slight-
ly by 1% MoM to 3.48 million
tonnes, while diesel declined 9% to
7.35 million tonnes. Still, both fuels
posted positive YoY growth 6.1%
P R
RESS ELEASE
EVS, TRACTORS, AND COMMERCIAL VEHICLES DRIVE STRONG
MOBILITY; SECTOR GEARS UP FOR FESTIVE DEMAND