India's commercial vehicle (CV) market is reportedly moving towards a more sustainable equilibrium following a GST recalibration. Insights suggest the GST regime's adjustments are restoring pricing discipline and improving freight rates, potentially reviving the role of small fleet operators. This shift aims to correct an imbalance caused by tax arbitrage, where previous GST structures incentivized vehicle purchases irrespective of freight demand, favoring large operators and crowding out smaller ones.