Petrol, Diesel Price In Jodhpur
Jodhpur is an iconic city in the Thar Desert of the Indian state of Rajasthan. It is known all over the world for its furniture industry, handicrafts, glass bangles, designer carpets, traditional cutlery, and marble products. It is popularly known as the 'Blue City' among the people of Rajasthan. So, the petrol price in Jodhpur is a highly important factor for the tourism and transport industry here and impacts the city's economy greatly. As such, it helps to know the fuel prices in Jodhpur at present.
Petrol price in Jodhpur
The petrol price in Jodhpur today sits at INR 104.97 per litre.
People here are struggling to cope with the cost of living crisis, especially the daily wage earners.
As the price of all goods & services goes up or down as per the price of petrol, people here have had to limit their discretionary spending significantly. The state government acquires massive tax revenues on the sale of petrol within the state, this has contributed towards the rising cost of petrol to a great extent.
Diesel price in Jodhpur
Diesel price in Jodhpur today is INR 90.45 per litre.
Diesel is used extensively in the city for industrial applications and also to power the entire transport system.
Since diesel comes from crude oil refineries after going through a complex refining process, the amount of oil we import directly influences the local price of diesel. India currently imports over 80% of its crude oil requirements from overseas.
The Rajasthan government takes a lot of tax revenue from the sale of diesel in the state.
Implications of increasing fuel costs to logistics and delivery services
Between 1990 and 2010, the shipping industry was able to make huge profits as fuel costs were low and availability was not an issue. Now, those fuel costs are increasing rapidly - the industry is set to face major hurdles along the way.
Freight management companies are facing a cost crunch after the supply chain shock from the pandemic worsened by Geo-political issues. Let's look at some of the major implications of rising fuel costs to this industry:
Higher cost to transport freight - With higher fuel prices, freight carriers see their profit margins slipping away and even end up taking losses. The higher cost is passed on to the receiver to make up for additional losses.
Product inflation - The price of fuel does not only impact the transportation business, it affects the economy, politics, ecology, globalization trends, and even technological progress. All these effects end up increasing the cost to ship products.
Disruption in service areas - When fuel prices are stable for a long time, each mode gets an optimum service area (the distance with the maximum cost-effective mobility). After a disruption in fuel price, each mode experiences a change in cost or distance function.
Reduction in services - As higher fuel costs affect most industries in multiple ways, they can cut back on the frequency of their services or products to deal with the cost crunch. They can try to save money if the additional cost is affecting the 'Usage Level'.
Conclusion
You can keep a close watch on petrol, diesel, or CNG prices across different cities and districts with utmost ease, using the Park+ app. If you are curious to know the fuel prices in Jodhpur - log into the app, open the search bar, and type - Jodhpur.
The app can send updates to you daily regarding fuel price shifts such as CNG prices, hikes in diesel prices, price information across several cities, etc. So, make sure to download the Park+ app from Google Playstore today!