Commercial and passenger vehicle traffic has declined on most Indian highways as the Covid-19 outbreak has curtailed passenger and freight movement. The slowdown in manufacturing activity and delay in clearing cargo at ports has impacted movements of large trucks and trailers. Road traffic, which is an indicator of economic activity, has taken a knock of 15-25%, while on roads closer to city areas the fall has been steeper — in the range of 30-35%.
Jayant D Mhaiskar, chairman and managing director, MEP Infrastructure Developers, told FE that the traffic in the last 10-15 days has been gradually going down and the company does not expect the decline to get arrested in the next 2-3 weeks. “Both commercial and passenger traffic has been falling and is down to the tune of 15-20%, which will affect our revenues this quarter,” he said.
