Toll collections witness double-digit growth
- By Subash
A high growth in Automotive Sales would subsequently lead to growth in traffic volumes and Toll collections.Commercial vehicles account for around 65-70 per cent of the total vehicular movement on a majority of national highways.
The latest commercial vehicle (CV) sales trend is encouraging with the M&HCV cargo segment witnessing a robust growth of 38 per cent during first eight months of 2018-19, Rajeshwar Burla, Assistant VP & Associate Head, Corporate Ratings, ICRA said.
ICRA, in its latest study on performance of toll road projects, analysed 48 projects with a median operational track record of six years. Based on the study, it observed that traffic volumes started decelerating in 2012-13 due to prolonged slowdown in economy. Based on the study, it observed that traffic volumes started decelerating in 2012-13 due to prolonged slowdown in economy.
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