Mumbai - India’s domestic commercial fleet operators revenue to grow by 8-10% this fiscal year, driven by strong domestic demand and import-related transport requirements, according to a new report by Crisil Ratings.

This marks a continuation of robust growth, extending a 12-13% compound annual growth rate sustained over the last four years. The report notes that domestic demand constitutes 65-70% of revenue for fleet operators, helping to offset modest growth in export-related traffic.

Crisil forecasts that this higher demand will push fleet utilisation up to 86-87% this fiscal, an . . .