FASTag automated daily toll collections rise by 45% in August

20 Sep 2021 CW Team

India's economy is reviving, as is the country itself. Countless porta-cabins dotting Indian highways tell us that FASTag automated daily toll collections have risen by 45% in August after falling by 25% in May from April.

Daily toll collections had fallen to Rs 68 crore by May, a record low.

August will be the third month in a row that toll collection has increased on a daily basis on average.

Factory output and industrial production have improved across key sectors due to the relaxation of lockdown restrictions and stable demand. As a result, business activity has picked up.

E-way bill growth is cited by analysts as a significant factor in explaining the rise in daily toll collections on average. 86351801E-way bills record interstate and intrastate freight transport.

E-way bills increased to 65.89 million units in August from 39.9 million units in May, according to GST Network, a company that provides a database of Goods and Services Tax (GST) filings and transactions.

Image Source

Also read: Toll collections to grow 10-11% in FY22 despite Covid: Care Ratings

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..