What can India’s truckers expect in 2027? Faster, more powerful and more efficient than today. But the self-driving electric truck? That’s many decades away from India’s roads, writes Martin Kahl*.
Few single markets face greater change over the next decade than India, one of the world's fastest-growing economies – that awaits a number of policy implementations sure to change the very structure of this rapidly evolving market.
Already at 1.31 billion, by 2027 India’s population will be the largest in the world, at over 1.4 billion. Growth means urbanisation, and urbanisation requires ‘stuff’. As small villages develop into large, and as people move from rural to urban locations, so demand for ‘stuff’ will increase.
Great news for truck fleets, and the OEMs who supply those stuff-hauling fleets; but the changes to trucking in India over the next decade will be seismic in proportion. Just about the only certainty is that ‘Trucking India’ in 2027 will look very different from its 2017 ancestoro picture how different the two will be, consider how much Trucking India has changed over the last decade. In that period, the market has made serious contenders of BharatBenz, Scania, Volvo and Asia Motor Works (AMW), each posing a considerable threat to the established, dominant domestic players.
Change is already under way: India’s truck industry is now working towards a nationwide rollout of Bharat IV (BS IV), an emissions standard equivalent to Euro IV. The Indian government recently brought forward by several years the rollout of BS VI, leapfrogging BS V. That’s huge – it took Europe a decade to switch from Euro V to VI, yet in India, OEMs are expected to make the grade in just four years. A major challenge for vehicle manufacturers – and a major opportunity for suppliers.
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To read also : The truck industry in 2020