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The wheels of progress never cease to turn, and as we stand on the brink of a new era, the transformation of the transport sector has become both an imperative and an opportunity. The transport sector, often considered the lifeblood of a nation’s growth, is undergoing a revolutionary overhaul, powered by technology, supported by visionary government policies, nurtured by Public-Private Partnerships (PPPs), and driven by the relentless spirit of industries. As we delve into this multifaceted transformation, it’s only fitting that we also celebrate the remarkable journeys of the Calcutta Tramways, marking its 175th year, and the Calcutta State Transport Corporation (CSTC), commemorating 75 years of service.

In the digital age, technology is the wind beneath the wings of transformation. From smart ticketing systems that make commuting seamless, to the integration of Artificial Intelligence (AI) and Internet of Things (IoT) for efficient traffic management, technology is reshaping how we move. The advent of electric and autonomous vehicles is heralding a sustainable future, reducing carbon footprints and enhancing safety. According to a recent study, the global electric vehicle market is projected to grow at a staggering CAGR of 22.1% from 2021 to 2028, a testament to the power of technology to reshape the landscape.

Across the globe, governments are embracing sustainable transportation solutions, incentivizing electric vehicle adoption, and investing in smart infrastructure. India’s National Electric Mobility Mission Plan (NEMMP) envisions transforming the Indian automotive industry by 2020, making it a global leader in electric vehicles. Additionally, the implementation of the Bharatmala Pariyojana aims to develop a world-class road network, further catalyzing economic growth.

In today’s era, Public-Private Partnerships have emerged as a cornerstone of transformative projects. The synergy between public sector governance and private sector innovation is driving monumental changes. The Metro Link Express for Gandhinagar and Ahmedabad (MEGA) project is a prime example of this collaboration, with Tata and Siemens partnering with the government to create a cutting-edge metro network.

In this spirit of celebration and progress, I am pleased to announce the Elets National Transforming Transport Summit, scheduled for the 8th of September in Kolkata. This summit will be a congregation of visionaries, experts, and enthusiasts, sharing insights, experiences, and strategies for a future-forward transport sector.

Let us embark on this transformative journey together, as technology, policy, PPP collaboration, and industry prowess converge to create a transport sector that propels us into a new era of mobility, sustainability, and prosperity.
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