India’s socio-economic cost of road accidents in 2019 was $15.71 billion to $38.81 billion: Bosch
The Hindu
Study examined road accidents’ data for the last two decades
India's socio-economic cost of road traffic accidents for the year 2019 was in the range of $15.71 billion to $38.81 billion, which amount to 0.55–1.35% of the GDP, reveales a study by Bosch India.
An analysis, conducted by the Accident Research team of Bosch's Advanced Autonomous Safety Systems and Corporate Research Department, on road accidents’ data for the last two decades threw up useful insights that would help identify new products, business strategies and road safety policies, said the company in a statement on October 25.
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