Rivigo is one of the newest entrant to Indian logistic industry yet has become a significant player quickly. The Haryana-head quartered company, currently runs its Rivigo Prime service across the country and claims it has lowered transit time by up to 70%. Rivigo uses a unique model called ‘Driver Relay’, through which it keeps the truck moving from its starting point to the destination continuously while allowing drivers to cover a part of the journey and then hand over the vehicle to another driver. One of the country’s largest and fastest-growing technology-enabled logistics firm, it has changed the way the trade has worked, with remarkable levels of efficiency and a totally new approach towards the driver community.
Rivigo had ordered 1200 trucks last year and added 700 trucks in the last qtr of last financial year. This year post GST implementation is now adding further more 500 trucks to its fleet. With this the total fleet will be 2700 trucks. Ashok Leyland, will be supplying these trucks and the order value is over Rs.120 crores. Company has claimed that, this order of 500 fully-built vehicles is driven by the success of the innovative iEGR (Intelligent Exhaust Gas Recirculation) technology which has been developed indigenously by Ashok Leyland. Developed to achieve the BS-IV emission norms, iEGR technology was launched in April 2017 for engines up to 400HP – a feat no other OEM has achieved globally.
Sharing his views on the order, Mr. Anuj Kathuria, President – Global Trucks, Ashok Leyland, said,“Ashok Leyland has been an integral part of Rivigo’s story since the beginning of their journey. They trust us as their partners and we are glad that we have been able to deliver. This fresh order is a testimonial to the Indian, Intelligent and Innovative offerings of iEGR BS-IV technology, which translates to, ‘No Adblue’, ‘No Electronics’ and ‘Better Mileage’. Today, our BS-IV iEGR vehicles are giving up to 10% better fuel economy when compared to our BS-III range. This is helping all our customers to improve their total cost of operations by up to 15%, translating to improved profits.”
Commenting on the order, Mr. Deepak Garg, Founder and Chief Executive Officer, Rivigo, said,“Our journey with Ashok Leyland began in 2014 and today, with this fresh order, we will expand our fleet size to over 2700 vehicles. Just like our idea of disruption in logistics, we see iEGR as a technology disruption which has a huge upside. For us it means better uptime, hassle-free operations, better mileage, and improved cost of ownership.”