Mumbai saw only 4% hike in new vehicles this year
This is the lowest rise in vehicles registered in the city since 2014-15mumbai Updated: May 09, 2017 00:35 IST
The latest data released by the state transport department reveals that Mumbai saw only a 4% increase in new vehicle registrations in 2016-17 (fiscal ending March 2017). This is the lowest rise in vehicles registered in the city since 2014-15.
In the previous two years, the vehicle registrations grew by 12.37% and 17.45% respectively.
The 4% increase in 2016-17 works out to just 9,358 more vehicles over 2015-16.
In 2015-16, 26,495 more vehicles were registered over 2014-15, which saw an increase of 31,847 more vehicles from 2013-14.
Regional Transport Office (RTO) officials said demonetisation was one of the main reasons for this slow down in registration numbers.
“Demonetisation was one of the major factor for registration of less number of vehicles in the city,”said senior RTO, who is not authorised to speak to media, while highlighting the reasons of drop in vehicle registration. The transport department’s annual vehicle registration data shows that post demonetisation, vehicle registration dropped up to 46%. The highest drop was in the western suburbs.
In total, 2016-17 saw 2,50,104 new vehicles being registered at the four RTOs in Mumbai. Of these, the highest (73,482) were registered at the Borivli RTO that has jurisdiction between Goregaon to Dahisar, followed by Wadala RTO (64,058 vehicles) that has jurisdiction of the entire eastern suburbs. Andheri RTO, which has jurisdiction between Bandra and Jogeshwari, registered 56,287 vehicles.
The lowest number of vehicles (56,277) was registered at Tardeo RTO, which has jurisdiction of the entire island city.
According to the RTO official, the popularity of app-based taxis and huge traffic snarls could be the other reasons for a drop in vehicle registration, especially in the western suburbs.
Except Andheri RTO, vehicle registration was higher at all the other RTOs, as compared to last year. About 20 % less vehicles were registered at Andheri RTO.
Barring November 2016, vehicle registrations were not as affected at Tardeo RTO compared to the previous year. On the contrary, there was a 43% spike in March 2017. Another senior RTO official said the vehicle registration was high in March because the sale of vehicles with banned BS III, pollution norms, at discount price.