India is one of the most populated countries in the world. This much of the population brings enhanced requirements by the residents. To fulfill its daily needs of locomotion and traveling, the country has become the third-largest road network in the world. In 2019, the total number of vehicles stood at 295.8 million. Yeah, the number is huge. If we talk about per-state automobile usage, then UP stands high on the list. Till the fiscal year of 2019, there were more than 32.7 million registered vehicles in the Indian state. Lakhimpur, one city in Uttar Pradesh widely uses automobiles.
Keeping in mind the whopping figures, India can revolutionize its automobile industry. Though we are living in an era filled with the latest technological advances, India can bring automation to the automobile industry. India has been already using the long-established technologies and incorporating them into many industries. Technologies like big data, artificial intelligence, and IoT (internet of things) offer many advantages.
1. Autonomous Vehicles: Indian roads will see self-driving cars, all thanks to new automotive technology innovations. Artificial Intelligence is leading to innovative transport methods. These self-driving cars don’t need any individual to drive but they drive on software and sensors. This innovation has been revolutionizing traditional transportation. Many cars these days have semi-autonomous abilities including highway lane sensors, automatic braking sensors, mapping technology. Battery manufacturers in India are striving to give the best battery backup to electric cars.
2. 3D Printing: Everyone needs better-performing vehicles these days. All they are looking for is upcoming innovation and automated cars. Companies are also greatly streamlining supply chains and optimizing production and logistics. 3D printing helps in quick prototyping of vehicles and making tools, end parts, etc. Batteries are the foundation of the future in the automobile industry. Automotive battery manufacturers Lakhimpur are striving to give efficient batteries with their innovation.
3. Digitalization: Digitalization is a new arena giving car buying and selling experiences to users. In the coming days, the innovations and updates will include IoT, Virtual Reality, Augmented Reality on a very deep level.
Technologies Resulting Into Automobile Industry Innovation
1. Blockchain: Blockchain is the second generation of the internet that can change the process of an organization. Blockchain gives shared mobility solutions and vehicle data for connections like urban transportation, ride-hailing, as well as making deliveries using secured networks. There are many other benefits of using blockchain technology in the automotive industry. It is used to increase the supply chain, back-office efficiency, and ease the verification process.
2. Big Data and Data Analytics: These technologies help in making ideal decisions throughout the vehicle’s lifecycle. With the help of the vehicle-related data tends to maintain predictiveness, fleet, and alerts when accidents take place. The customer care data helps in the optimization of supply chains, boosting sales and improvements in product designs.
3. Artificial Intelligence: Robotic automation in the automotive sector is the result of computer vision, machine learning, and deep learning. Self-driving cars manage fleets, help drivers in being safe, and inspect vehicles. Yes, speedy production is another advantage that we are going to see on our Indian roads.
4. Human-Machine Interface: Using a human-machine interface is changing the way drivers will engage with their vehicles. For example, voice-based and virtual assistants in vehicles make it easy to operate cars and other vehicles. It makes driver engagement more fun and safer.
5. Connectivity: Connectivity with the vehicle makes it easy to drive safely, insure and manage a fleet. Customers and the entire mobility ecosystem are benefitted from sharing the vehicular data.
Change is the only constant the automobile industry is also experiencing a revolution in the information era. They are bolstering the demand for self-driving and electric vehicles. Advancements in vehicles and their batteries are giving rise to many new possibilities such as analytics-driven maintenance, insurance, safety improvements. You can communicate with vehicles and transact over them through the internet very safely. The breakthrough technologies in the automobile industry are making a boom. Cutting-edge manufacturing methods by industrialists and researchers are giving a new shape to the industry.