India Freight Transport Report - Business Monitor International - Industry Reports

India Freight Transport Report

India Freight Transport Report - Business Monitor International - Industry Reports
India Freight Transport Report
Published Nov 07, 2015
78 pages — Published Nov 07, 2015
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Abstract:

BMI View: We expect positive growth across the board in India s freight transport sector in ---- (ending March ----) and over the medium term. However, the growth will not be even, with the anticipated expansion in air freight especially to outperform, while road freight - where growth will be tempered in the near term by a gloomy outlook for agricultural produce - will lag. ...Exports will be the key driver of growth in both years - in ---- exports will rise by -.- compared to imports -.- , while in the following year the growth levels will be -.- and -.- respectively. In positive news for air freight and the road haulage sector, we expect the government s efforts to boost the manufacturing sector through the Make In India campaign to continue gaining traction, and this is evident in various high frequency data. We forecast a moderate -.- expansion in Indian road haulage volumes in ---- and ----, as economic growth will be held back by a poor monsoon - which will also negatively impact volume growth directly. ...According to our forecasts, in ---- (ending March ----), growth will be -.- , slowing to -.- in ----. Our strong growth (albeit downgraded) outlook for air freight in India is a product of a number of factors including base effects, an ever-expanding upper middle class in India with an accompanying increase in demand for high- value and luxury imported goods, and a burgeoning pharmaceuticals industry.

...Large coalition governments complicate policymaking at the centre as coalition partners and outside parties pursue their own agendas. The competence of state government varies enormously across India s -- states and union territories. India s tense relationship with Pakistan still weighs on regional stability. The two countries have gone to war three times since they were partitioned on independence from British rule in ----. Issues such as the ineffectiveness of the executive and judiciary in controlling underhand practices, the apparent arbitrary allocation of government licences, and the uneasy influence of special interest groups remain key investor concerns. ...The two countries have gone to war three times since they were partitioned on independence from British rule in ----. Issues such as the ineffectiveness of the executive and judiciary in controlling underhand practices, the apparent arbitrary allocation of government licences, and the uneasy influence of special interest groups remain key investor concerns.

...A secular constitution, framed in ----, officially guarantees justice, liberty and equality while aiming to promote fraternity among the citizenry. ...A secular constitution, framed in ----, officially guarantees justice, liberty and equality while aiming to promote fraternity among the citizenry. More than -,--- political parties registered for the April-May ---- general elections, competing for the preference of India s ---mn eligible voters. Despite its multitude of problems, India has generally managed to avoid hard authoritarian rule or military coups, which have happened in many other developing countries, including India s neighbours Bangladesh, Myanmar, and Pakistan. ...

  
Source:
Document ID
1752-5853
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "India Freight Transport Report" Nov 07, 2015. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/India-Freight-Transport-Report-2026-50>
  
APA:
Business Monitor International - Industry Reports. (2015). India Freight Transport Report Nov 07, 2015. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/India-Freight-Transport-Report-2026-50>
  
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