The Number of registered vehicles in India in 2012 was over 160 million. The current number is close to 200 million and includes more than 10 million commercial vehicles. Of the 10 million Cvs, less than 10 percent are equipped with telematics solutions. The demand for 400,000 new buses by 2017 is expected to increase the size of the telematics market in India. This, according to 6Wresearch, is expected to each US $113.7 million by 2018, growing at a CAGR of 22.8 percent from 2013 to 2018. Poised to play a key role – to build intelligent transport systems by integrating electronics and IT – The market is likely to grow fivefold in a decade.
