With the Goods and Services Tax (GST) in the offing, analysts expect that the easing out of various bottlenecks and complexities involved in the transportation of goods using road logistics would drive demand for heavy commercial vehicles (HCVs) in the long term.

According to the latest analysis by rating agency ICRA, one of the major benefits of GST is expected to be easing out of bottlenecks in road logistics from one state to another. Since the Central Sales Tax will be subsumed in GST, companies would no longer be required to have depots or warehouses at multiple locations and ...