Leyland: Need well-designed scrappage policy
Agarwal said GST rationalisation played a key role in lifting demand, not merely through price cuts but by improving overall consumption and freight movement.
He said average age of India’s truck fleet rose to nearly 11 years from seven-eight years, making operations more expensive and less efficient.
While fleet owners recognise that BS6 trucks are far more fuel-efficient than older BS2 and BS3 vehicles, many are waiting for a clearer policy push.