India is progressing at a steady rate and aims to become a smart nation in the near future. Every sector is being upgraded and the transportation sector has not been left behind. The movement has already begun, the changes are being implemented & efforts are being made to make the way you commute ‘Smart’. The CNBC Young Turks Conclave conducted a session with renowned personalities from the mobility sector in India to discuss the future of Smart Mobility in this country, and the founder and CEO of Yulu, Amit Gupta was a member of the panel.
To begin with, the panel discussion focused on the reasons that our society requires Smart Mobility. The roads in big cities are congested and the air is polluted heavily which makes it difficult to breathe. In times like these, a ‘decisive set of moves’ should be taken, is what Amit Gupta iterated in the session. To start with, the panel addressed a common goal to make commute more affordable and reliable. With the inflated prices of vehicles and fuel, every individual is looking to find the mode of transportation which would be more convenient and affordable at the same time. As Amit Gupta pointed out, Yulu is aimed at making commute affordable, convenient, and human effort driven.
In the panel discussion, all the panelists agreed to the need to build a multi-modal approach to transport. An individual has to make an average of six decisions regarding his daily mode of transport, and smart mobility would just ensure that all the rides are convenient and on time. From the first-mile to the last-mile commute, one knows that they would not be facing difficulty. This would also ensure better productivity and affordability.
Addressing the panel, Amit Gupta listed the challenges in the route to Smart Mobility. He pointed out that the country is still developing and the infrastructure is not developed enough to pay adequate attention to eco-friendly two wheelers. There are not many cycle lanes constructed yet for the safety of the cyclists. As the infrastructure of the city keeps on developing, the future of Smart Mobility comes nearer. Amit highlighted that luxury is not sustainable anymore, taking into account the huge population and the congestion on roads. The sector is showing a major shift from ownership mobility to shared mobility. The future of mobility is going to be shared and electric, as cities are becoming unlivable and it would be hard to survive if more fuel was used for commute. Amit Gupta says that the transportation sector needs its ‘demonetization moment’ where the mode of transport completely changes to an eco-friendly alternative, as this would aid in conservation of the environment. Currently, there are too many personal cars on the road and there are various solutions to bring about the change to a shared mode of transportation majorly, but the sector needs to be organized first. Amit also addressed the common issue of the passengers that the regulations need to be simplified as the daily commuters face trouble with respect to the complexities in regulation. Government support is needed to help in the movement and also draft the policy framework which would serve as the backbone on which these investors and regulators would thrive on, and bring about Smart mobility within this nation sooner.
Transportation is also becoming smart in terms of payment. Payment is now digitized for many service providers, with a reduced need for carrying cash- once the journey is over, the amount would be deducted from your wallet balance
The true signs of development are not when a poor man can afford a private car, but when the rich man prefers to commute using the public mode of transport. This statement is true in every sense, and resonates with Yulu’s purpose. After all, the ‘Whatsapp moment’ in the transportation sector is nothing but a richer and smoother commuting experience. Yulu has established its vision in Bengaluru and Pune and is soon launching in Bhubaneswar. Join the initiative and help bring in the future of smart mobility by pedaling the change.