The Rise And Rise Of Autonomous Vehicles Startups In India

"Even primitive autonomous technology that exists today is better than an average human driver on the road" Recent moves by big players signal at the potential of India's AV ecosystem. Tata Elxsi has created a full-stack IP called AutonomAI to accelerate programs for AVs, and Intel's decision to gather data on traffic patterns to create algorithms to be used in India and overseas for autonomous driving. Moreover, a large number of AV startups have come up the ladder, especially in the last six years, namely: Swaayatt (2015), AutoNxt (2016), Ati Motors and Flux Auto (2017), Flo Mobility (2019), Minus Zero (2020) etc. Autonomous vehicles (AVs) startups in India, including Swaayatt Robots, Ati Motors, Netradyne, have raised substantial funding recently. Saurabh Chandra, Co-Founder, Ati Motors, said: "There is a confluence of factors due to the pandemic: workforce management has become challenging, prices are rising, making automation more attractive while technology is getting better and cheaper. There is an explosion of demand in the eCommerce space that can't be addressed by simply adding people; technology is the only way to handle the scale." India is a huge market.