Mobility and logistics activity across India remained subdued in February, according to the latest Shriram Mobility Bulletin released by Shriram Finance. The report indicates that freight movement, vehicle utilization, and transport demand showed limited growth during the month, reflecting cautious market conditions.
The bulletin highlighted that several segments of the logistics sector experienced slower momentum compared to previous months. Factors such as seasonal demand fluctuations, inventory adjustments, and softer industrial activity contributed to the muted performance in freight and mobility indicators.
Despite the slowdown, the report noted that core logistics operations continued to function steadily, supported by ongoing consumption and infrastructure activity. Transport operators and fleet owners also adjusted operations to manage costs and maintain efficiency amid the softer demand environment.
Analysts suggest that logistics activity could gradually pick up in the coming months as industrial output strengthens and trade flows improve. The Shriram Mobility Bulletin is widely tracked as an indicator of trends in India’s transport, freight, and commercial vehicle sectors.