July Sees Stable Truck Rental Prices as Festive Season Approaches

By Amit Jangra | Published Date : August 18, 2025

Truck rental rates stayed stable in July across most routes in India, with slight increases on a few lanes as festive demand begins to build.

July was a quiet but telling month for the trucking and transport sector in India. As businesses slowly start to prepare for the upcoming festive season, many expected freight charges to rise. But that didn’t really happen; truck rental prices mostly stayed flat throughout the month.

That’s not to say nothing changed. Some routes did get a bit more active and not all vehicle types followed the same trend. Let’s take a quick, real-world look at what was going on.

Most Truck Rentals Hold Steady Across India

Table of Contents

1. Most Truck Rentals Hold Steady Across India

2. Some Routes Did Get a Bit Costlier

3. Festivals and Monsoon Impact the Transport Mood

4. Vehicle Sales Point to a Cautious Optimism

5. Rain Slows Down Some Vehicle Categories

6. Electric Vehicles Keep Moving Forward

7. Fuel Usage Drops (But It's Not All Bad)

8. Final Thoughts: Calm Before the Festive Storm

If your business moves goods between cities, here’s some welcome news, truck rental prices in July didn’t really change much. According to a report by Shriram Finance, rates for common freight routes like Delhi to Mumbai, Delhi to Kolkata and Mumbai to Chennai stayed more or less steady compared to June. It seems like there’s a decent balance between the number of trucks on the road and how much cargo needs moving.

Rental companies still had plenty of small commercial vehicles and even second hand trucks in service, which helped avoid a shortage.

Some Routes Did Get a Bit Costlier

While most prices stayed in place, a few routes told a different story. For example:

• Bengaluru–Mumbai–Bengaluru saw a modest 2.3% hike
• Kolkata–Guwahati–Kolkata jumped by 10%
• Delhi–Hyderabad–Delhi went up 8%
• And Mumbai–Chennai–Mumbai climbed 9%

What does this mean? Well, it looks like long-distance transport is starting to heat up, especially in regions where demand is already building ahead of festive orders.

Festivals and Monsoon Impact the Transport Mood

Two things always move the transport market in India: the weather and festivals. July was right in the middle of monsoon, which slows down construction and delivery work in many areas. At the same time, shops and companies were quietly getting ready for upcoming festivals like Raksha Bandhan, Ganesh Chaturthi and Diwali.

This balance — rain slowing down some jobs and early festive demand pushing others — helped keep most truck rental charges steady in July. But with monsoon ending soon, things may not stay this calm for long.

Vehicle Sales Point to a Cautious Optimism

What about people actually buying vehicles? July showed signs of growth, but not everywhere.

• Passenger car sales went up by 7% compared to June
• Maxi cab sales jumped a big 40% — probably because of increased intercity travel
• Tractor sales rose 15% with help from good rainfall in rural areas
• Commercial tractor purchases grew by 14%

All in all, these numbers suggest people are feeling a bit more confident — especially in villages and smaller towns where farming activity is picking up again.

Rain Slows Down Some Vehicle Categories

That said, not every type of vehicle did well.

• Two-wheeler sales dropped by 7%
• Earth-moving equipment took a hit — down 38%
• Construction trucks had the steepest fall, with a 55% dip

No surprise here — ongoing rains across the country stalled many outdoor jobs, which affects demand for vehicles used in construction and logistics.

Electric Vehicles Keep Moving Forward

One space that keeps growing is electric vehicles, especially in the commercial segment.

• Electric three-wheelers, often used for local deliveries, grew 19% month-on-month
• Electric two-wheeler sales dropped 4%, possibly due to global supply issues, but still stayed strong compared to last year

With more businesses looking to save on fuel and go green, electric trucks and smaller EVs are slowly becoming a real alternative — especially in city transport.

Fuel Usage Drops (But It's Not All Bad)

Monsoon also had an effect on fuel use. Petrol demand dropped 1% in July and diesel saw a bigger fall at 9%. But when you compare those numbers to last year, both petrol and diesel actually went up — 6.1% and 2.2% higher, respectively.

Sure, there were fewer trucks running in July — probably because of the rains — but compared to last year, the roads are definitely busier. That’s a pretty encouraging sign.

Final Thoughts: Calm Before the Festive Storm

If you’re someone who rents or owns trucks, July probably felt like a calm month. Prices stayed where they were. Demand didn’t spike too hard. But this might be the last “quiet” month before the big festive wave hits.

As we head into August and September, expect more demand for small commercial vehicles, electric trucks and even second hand trucks — all needed to move goods for festivals and events.

If you're a business owner or a transporter, this might be the right time to plan ahead, book your routes early and look into flexible rental options.

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Frequently Asked Questions on Trucks

Did truck rental prices go up in July 2025?

Ans: No, truck rental rates across most major routes in India stayed stable in July. Some routes saw small increases due to festive demand and regional cargo movement.

Which type of vehicles performed best in July?

Ans: Electric trucks and small commercial vehicles used for deliveries did well, especially in city areas. On the other hand, construction trucks saw a big drop due to heavy rains.

Why are electric trucks gaining popularity in India?

Ans: Electric trucks are cheaper to run, produce zero pollution and are great for short city trips. More businesses are choosing them as fuel prices rise and EV charging becomes easier.