Motor India announced its partnership with leading connectivity management
platform Cisco IoT and UNLIMIT - a specialist IoT services provider, to develop
connected mobility enabled vehicles. Betting big on the connected mobility
market, MG Motor India also released a detailed white-paper on ‘Connected
Mobility-Growing Possibilities in India’ in association with management consulting
firm Arthur D. Little.
to the report, the value of the connected mobility market could reach the size
of US $3 billion by 2020 in India.
Currently, only 2% of cars in India are considered connected cars. The
demand for connected car services is expected to grow exponentially in India
and mirror the global growth trends. Globally, the size of the connected
mobility market is projected to grow to $175 Billion USD by 2020, as against
$44 Billion USD in 2015, according to the report.
the automobile industry going through a major transformation, MG India aims to
take the lead in connected mobility and establish the connected vehicle
ecosystem in India. The partnership with both tech giants involves
incorporating tracking, security and navigation amongst many other features in
our vehicles, with an aim to offer a differentiated customer experience in
India,” said Rajeev Chaba, President & Managing Director, MG Motor India.
its first SUV set to rollout in the next few months, MG Motor India is fast
readying its Halol manufacturing facility to roll out its vehicles. With a
strong focus on three key pillars – diversity, innovation and safety, the
company has regularly taken it upon itself to organise and conduct events to
foster innovation amongst the student community. The carmaker regularly
organises various editions of the ‘MG Grand Innovation Challenge’ in top
universities in India, specifically in the domains of green mobility,
transportation and safety.