 "Crisil Sme Tracker: For small fleet operators, time to hit mainstream road")
Small and medium road transporters will need to quickly re-engineer their business processes, improve tax compliance and scale up in order to compete with their larger, and organised, peers under the Goods and Services Tax (GST) regime.
According to a report by the National Transport Development Policy Committee, about 75 per cent of transport operators in India own less than five trucks (small fleet operators or SFOs), while about 14 per cent own less than 20 trucks (medium fleet operators or MFOs), and 11 per cent own more than 20 trucks (large fleet operators or LFOs).
According to a report by the National Transport Development Policy Committee, about 75 per cent of transport operators in India own less than five trucks (small fleet operators or SFOs), while about 14 per cent own less than 20 trucks (medium fleet operators or MFOs), and 11 per cent own more than 20 trucks (large fleet operators or LFOs).
