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Wannabe unicorns not allowed

Start-ups are finding it difficult to crack the cartelised, highly tech-averse freight transportation industry in India

Photographs by Ozzie Hoppe

Cartelisation impedes the smooth functioning of any industry, by rigging the market to benefit a few players.  It usually involves competing firms fixing prices and blocking the entry of new players using a variety of tactics. Cartelisation is usually difficult to conclusively prove, since those involved are careful enough to not put down collusion agreements on paper. However, there is sufficient basis to say that the Indian transportation industry is a highly cartelised one.