India, Feb. 15 -- Indian roads are now chock-a-block with private vehicles, with approximately 260 Mn two-wheelers and 50 Mn cars plying across the country, according to Data For India. In fact, the demand for personal transportation has surged in recent years due to rapid urbanisation, rising disposable incomes and health concerns triggered by the Covid-19 pandemic.

The woes of urban traffic explosion are not letting up. Per the Tom Tom Traffic Index 2024, three Indian cities landed among the top five slowest cities globally, thanks to traffic bottlenecks. Worse still, the growing number of vehicles quickly outnumber the less-than-adequate parking slots in megacities and metropolises, severely impairing urban mobility.

Mismanaged and i...