The “Internet of Things” promises a future fuelled by the art of the possible. Connected Cars which can talk to each other and access the Internet will provide on-board features that we can’t imagine yet. Predictive systems which bypass traffic jams, reduce carbon emissions and improve safety could become the norm.
▸ India is already the second fastest growing auto market and is expected to see strong growth in vehicle production across all segments by 2020, according to the Automotive Component Manufacturing Association
▸ Passenger vehicles sales are projected to rise to five million units by 2016 and to more than nine million by 2020 from around two million in 2015.
▸ There are 51 million smartphone users in urban India today, 89% more than in 2012, according to theSmart Phone Incidence Study 2013.