On average, commuters in Delhi, Mumbai, Bengaluru and Kolkata spend 1.5 hours more travelling each day than their fellow commuters in other Asian cities during peak hours, according to the Boston Consulting Group. Meanwhile, the number of vehicles on our roads – as a daily driver I am painfully aware of my own contribution – keeps rising, leading to further congestion and productivity losses.
The economic cost is enormous. Traffic congestion is costing us over $22 billion annually in major cities, to say nothing of the fuel being wasted by the stalled vehicles. [READ FULL ARTICLE]