India to be shared mobility leader by 2030: Report
India is expected to be a leader in shared mobility by 2030 as rising share of electric and autonomous vehicles will improve shared mile economics.
According to Morgan Stanley report-
By 2030, shared miles to reach 35% of all the miles travelled in India and will increase further to 50% by 2040.
Public intercity transportation infrastructure (including trains and local buses) in India have been slow to ramp-up.
Internet penetration has hit an inflection point as consumers have access to cheaper handsets and affordable data plans.
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