Advancements in transportation technologies such as electrification, application of digital technologies, autonomy based on deployment of image recognition, machine learning and AI, and creation of new business models are among the key ingredients that will drive disruption and transformation in this sector in the next decade.
With around 35% of India’s population living in urban areas, compared to 65% in rural conditions, there are a number of different challenges and issues to be addressed.
Given the diversity and complexity of the socio-economic realities in India, a judicious combination of engineering and new technologies blended with timely policy interventions by the Government in mobility and transport sectors can boost economic growth and employment.
It will also positively impact the environment as well as enhance quality of life.