Subbarao said the second positive aspect he sees is India's federalism, which, "warts and all", has withstood the test of vigorous democracy though there were tensions between the Centre and the states on some issues such as GST compensation.
The sales volume of 4G connected cars are expected to reach 7.8 million units in 2020 to account for 95per cent of the country's total connected car sales volume, according to Counterpoint Research's Smart Automotive service.