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Global economic slump hits Indian transporters

Updated on Apr 05, 2009 07:37 pm IST

Indian transporters are almost out of business, worst hit by global economic slump. The truck industry of Saurashtra in Gujarat has bulk of its long fleet lying idle. A conservative estimate says that there were more than one lakh trucks always running to meet the demand. However, the recession has completely changed the scenario for last 2-3 months. Almost 3,00,000 people dependent on the transport industry for their livelihood are without any succour.

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