There was a steady recovery in India’s logistics and mobility ecosystem, supported by pre-Kharif agricultural activity and the manufacturing sector targeting exports in the month of June. Farm-linked categories and electric vehicles emerged as key growth drivers in automotive sales, underlining the evolving contours of India’s mobility landscape, according to the June edition of the Shriram Mobility Bulletin.
Truck rentals saw positive momentum across most key trunk routes owing to increased hiring by the private sector, the reports said. Shriram Finance Limited, the flagship company of the Shriram Group, publishes the monthly Shriram Mobility Bulletin.
The Kolkata–Guwahati–Kolkata corridor witnessed a month-on-month (m-o-m) rise of 2.4 per cent, while the Mumbai-Chennai–Mumbai route grew by 1.9 per cent and the Delhi-Hyderabad-Delhi route saw a 1.6 per cent increase in truck rentals. On a year-on-year (y-o-y) basis, truck rentals surged 14 per cent on the Kolkata–Guwahati–Kolkata route and 12 per cent on the Mumbai–Chennai–Mumbai corridor and 9 per cent on the Delhi-Hyderabad-Delhi route, the report said.
Fuel consumption dipped m-o-m in June, but petrol and diesel sales rose y-o-y by 6.4 per cent and 1.2 per cent respectively. FASTag transaction volumes (in million) and values (in crore) also witnessed a fall m-o-m, but saw a y-o-y spike by 16 per cent and 18 per cent respectively, says the report.
Vehicle retail sales in June 2025 reflected a mixed trend. While overall numbers declined m-o-m due to seasonal factors, farm and infra-linked categories showed resilience. Agricultural tractors grew supported by pre-Kharif demand and stable rural cash flows, the report said.
Construction equipment vehicles saw a strong uptick of 12 per cent m-o-m and 25 per cent y-o-y, driven by sustained infrastructure activity. Commercial tractors also rose 5 per cent m-o-m and 2 per cent y-o-y. Motor car sales dipped 12 per cent m-o-m and 6 per cent y-o-y, and two-wheelers contracted 18 per cent m-o-m and 1 per cent y-o-y as consumers deferred discretionary purchases amid market uncertainty, the report said.
The electric vehicle segment maintained its strong momentum in June 2025 supported by strong consumer demand and the introduction of new models. E-2 wheelers grew 5 per cent m-o-m and surged 254 per cent y-o-y, reflecting their increasing popularity for urban mobility. E-3 wheelers recorded a 2 per cent m-o-m rise while EV motor car sales also edged up 1 per cent m-o-m, says the report.
YS Chakravarti, CEO and Managing Director, Shriram Finance Ltd. said, June 2025 underscored a positive shift in economic momentum across the 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.
