Market Update for Connected Cars

·       Revenues from connected cars are projected to grow fivefold, reaching over $35 billion by 2025

·       The US and Europe together accounted for the majority of connected car shipments in 2018

·       China is expected to develop into a key connected car market, accounting for almost one –fourth of global shipments by 2025

Budget Blues

·       The USO Fund is an independent body within the Department of Telecommunications DoT that subsides telecom infrastructure development.

·       As per the estimates in the budget, the government expects a 28% increase in non –auction revenue from the telecom sector at Rs. 505.19 billion during 2019-20, compared to a revenue of Rs 392.45 billion during the fiscal year ended March 31, 2019

Smart Transportation

·       Mobile the app is provided for commuters to get the latest information on trains, fares and all facilities provided by BMRCL

·       Planning to introduce a national common mobility card (NCMC)- based AFC system. This will be a Rupay – based smart card system based on the one nation, one card concept