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Bloomberg Quint

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India’s Car Economy Leaves The Middle Class Fuming

  • India's car economy is causing frustration among the middle class, with issues surrounding road infrastructure and costs.
  • India's road network is the second largest globally, but with significant differences in quality compared to the US.
  • India's car economy model should have followed China's focus on high-speed trains for intercity travel.
  • The expansion of India's highway system has been costly for users, especially the small middle class.
  • Debt financing for roads in India puts a financial burden on motorists through tolls and fuel costs.
  • Heavy taxes on cars and fuel pricing in India are contributing to consumer dissatisfaction.
  • Roads have gained prominence over railways in India, impacting freight transport and urbanization.
  • In India, roads contribute significantly to carbon emissions compared to the US and China.
  • The car-centric economy in India is disproportionately affecting buyers of entry-level vehicles.
  • Calls for better public transport in India to alleviate the middle class's reliance on cars have been raised.

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