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Smart maps can help India gain around USD $8 bn

A new report, Smart Maps for Smart Cities: India’s $8 Billion+ Opportunity quantifies the value of smart maps to Indian citizens, businesses, and government

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Sanghamitra Kar
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BANGALORE, INDIA: A new report, Smart Maps for Smart Cities: India’s $8 Billion+ Opportunity that quantifies the value of smart maps to Indian citizens, businesses, and government within the context of India’s urban development was published by Dalberg Global Development Advisors.

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The study highlights that smart maps can help India gain upwards of USD $8 billion in savings and value, save 13,000 lives, and reduce one million metric tons of carbon emissions a year, in cities alone.

Smart maps will make commuting more efficient in India, helping consumers and businesses alike to save time and money

● The Transport Corporation of India estimates that India loses $11 billion annually due to traffic congestion on highways alone.

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● By providing real-time updates and accurate traffic information, smart maps have the potential to save $1.6 billion in productive time and fuel, and 1 million metric tons of C02 emissions

Smart maps can help significantly improve emergency service responses

● India’s urban emergency services respond to 10.8 million emergency calls daily, half of which are ambulance calls.

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● The average ambulance response time in India is 15 minutes, nearly twice the international standard

● By tying addresses to locations, smart maps can help eliminate the uncertainty about where callers are, reducing response times by up to 25%. Smart maps can also route responders around road closures, traffic jams, and other obstacles.

● For victims of cardiac arrests and fire, two situations in which even marginally faster response times can make the difference between life or death, smart maps could save 13,000 lives

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Smart maps can help both businesses and consumers gain valuable efficiencies

● Smart maps that allow for crowdsourcing of information will allow small business owners list their businesses online for anyone to find

● Smart maps also allow consumers to find more information about local offerings, helping them to make better choices, while also helping them locate the businesses they’re interested in

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Smart maps in India have a unique opportunity for high-impact growth

● Fewer than half of the country’s five million kilometers of roads are mapped today, while only 10-20% of the country’s businesses are listed on online maps

● In a dynamically changing landscape like India, maps need to be updated faster and need better coverage of local businesses to make maps a highly useful tool for citizens.

● The unique challenges of dealing with India’s diverse and quickly changing urbanscapes offer unique opportunities for mapping players to innovate locally relevant solutions that will make maps more useful for citizens

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