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Rising fuel prices further dent stressed sectors of India's economy


The Baddi-Barotiwala-Nalagarh industrial hub in Himachal Pradesh, surrounded by a panoramic view of the Shivalik hills, is home to Asia s largest pharmaceutical manufacturing hub. It is serviced by a fleet of 13,000 trucks from small- and medium-sized transporters who have banded together to form the Nalagarh Truck Operators Union, Asia s largest truck union.
In the past, whenever the union ran into friction with industry, it held its ground. For instance, in July 2020, when the union increased freight rates in response to a hike in diesel prices, the industry expressed displeasure but gave in to the union s demand. On occasion, local politicians had to intervene between the union and industry to broker a resolution, for the union and its large membership carry political heft during elections, association members told us. ....

India General , Madhya Pradesh , Himachal Pradesh , New Delhi , Mukesh Anand , Bal Malki Singhji , Monty Sehgal , Suresh Khosla , Tejas Mehta , Kishan Saini , Josh Felman , Santosh Mehrotra , Tuhinsubhra Giri , Narendra Modi , Ajit Ranade , Krishnamurthy Subramanian , Lydia Powell , Dharmendra Pradhan , Takshashila Institution , National Institute Of Public , Bharat Petroleum , Hindustan Petroleum , Confederation Of Indian Industry , Bharatiya Janata Party , Bombay Goods Transport Association , Observatory Group Ananth Narayan ,