Fuel hike hits lorry sector in Saluru
The lorry sector in Saluru and Parvatipuram is facing significant challenges due to rising fuel prices and competition. The number of lorries in Saluru has drastically decreased from 2,500 to 600, forcing many owners to sell their vehicles. Local leaders are urging the government to implement measures such as a bailout package and tax reductions to support the struggling industry.
- ▪Saluru's lorry industry has seen a decline from 2,500 lorries to just 600.
- ▪Lorry owners are unable to increase transport charges due to competition, charging ₹8 to ₹10 per kilometre.
- ▪Fuel prices have increased by ₹3.9 per litre in the past week, adding to the financial strain on lorry owners.
Opening excerpt (first ~120 words) tap to expand
Saluru and Parvatipuram towns, once major transport hubs in the North Andhra, are witnessing a steady decline in their prominence due to the rising fuel prices, high cost of new vehicles, and insufficient transport bookings.Saluru town in Parvatipuram-Manyam district for the last six decades has been known for its thriving lorry industry. Earlier, at any given point of time one would see at least 2,500 lorries in the town. However, the number has dropped to 600 presently. Many lorry owners are selling their vehicles at throw away prices as they are unable to generate enough income to cover the salaries of the drivers and their livelihood. A similar situation is seen in the Parvatipuram town. Lorry owners charge ₹8 to ₹10 per kilometre as transport charges.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.