Mitigating Safety Risks
Commercial Vehicle
|March 2022
ROAD SAFETY IS SELDOM TAKEN SERIOUSLY UNLESS LIFE IS LOST. SUMESH SOMAN LOOKS AT THE PRO-ACTIVE STAKEHOLDERS WORKING TOWARDS VISION ZERO.
India ranks first globally in road accidents with one accident taking place every four minutes, as per the World Bank reports. According to the World Bank, although India has only one per cent of the world's vehicles, 11 per cent of the global deaths from road accidents occur in the country. A report by Marks and Harrison in 2018 brought to light how commercial vehicle accidents are distinctly different compared to passenger vehicle ones. Apart from the loss of human capital, there is collateral damage at stake too.. In an ecosystem where seldom an owner cum driver takes to the road, fleet operators, small or large, are well aware of the risks involved. Besides the loss of human capital and collateral damage, a road accident can bring upon the transporter a cascading effect resulting from deviation in contract, on deliverable. A hit to the company's credibility whether or not the driver is directly or indirectly responsible is perhaps the more severe aftereffect. .
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