Nitish Rai, Indian Transport & Logistics

Nitish Rai

He is the Founder and Chief Executive Officer of FreightFox, a tech-first start-up in the Indian industrial logistics space.

India’s ageing truck fleet could escalate freight spends by 2–8%

India’s ageing truck fleet could escalate freight spends by 2–8%

10 Jun 2025 1:33 PM IST

India's M&HCV fleet has significantly expanded from 2 million vehicles in FY 2005 to 5.4 million currently. However, the rate of replacement hasn't...