Business Standard

Recovery eludes bus sales as schools, public transport remain shut

Sales of heavy duty and light buses reported a steep decline of 95.31 per cent and 82.48 per cent respectively in the first half of the current year over the corresponding period

bus, public transport, heavy vehicles, auto

Rating agency ICRA expects bus sales to continue hurtling down and end FY21 with a 40-50 per cent year-on-year decline

Shally Seth Mohile Mumbai
For a country that has a relatively low car and two-wheeler penetration and a low per capita income compared to several countries of the world, public transport has been nothing short of a lifeline. The Covid-19 outbreak has, however, suddenly shifted priorities. The fear of infection spreading in public transport has seen more people shunning it in favour of personal transportation.

A good indicator of the changing commuter behaviour is the sales number of auto companies. Though to some extent it is attributable to the inventory re-stocking at the dealerships ahead of the festive season and last year’s low base,

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First Published: Oct 20 2020 | 6:10 AM IST

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