A 22-bus operator combines intercity sleeper routes with government Volvo tenders.
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Raghvendra describes building Charan Transport from one bus into a fleet of 22 road-operating buses, with seven Volvo 9600 coaches on government tender service and six more vehicles under construction. The OSRTC arrangement pays ₹45 per kilometer and credits 700 kilometers of revenue per day even when actual running is closer to 600–650 kilometers. Government covers diesel, tolls, taxes, and the conductor; Charan supplies drivers, maintenance, and full vehicle service. The interview also describes private sleeper routes, online ticketing, and the severe balance-sheet risk of a long shutdown: during lockdown, buses stood idle for about a year and a half while costs and loan obligations continued. The owner says he sold vehicles and rebuilt after that period. The economics are capital-intensive and operational, with route rights, vehicle finance, maintenance quality, and safety all shaping the outcome.
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Join the Unicorn Club — $5/moCancel anytime, in one clickData credibility: Founder interview on YTMahendra Podcast. Fleet, tender, and operating terms are founder-reported and unaudited. The aggregate monthly profit statement is garbled in the transcript; no fleet-wide profit is inferred from it.
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