Try GOLD - Free
Robotic parking
Financial Express Kochi
|August 17, 2025
Can it be a turning point in urban mobility and sustainability?
As Indian cities buckle under the pressure of soaring vehicle ownership, over 300 million registered vehicles and more, traditional parking methods are proving inefficient and unsustainable. Robotic car parking systems powered by automation, AI, and mechanical engineering are emerging as a vital solution to this pressing urban challenge. It relies on automated systems, and robotic shuttles to park and retrieve vehicles, eliminating the need for manual parking and maneuvering.
This month, Delhi will get its first robotic car parking system in Greater Kailash I. The project, costing ₹63.7 crore, will accommodate 399 cars with the sole aim to ease traffic congestion in the market area. A multi-level shuttle facility will automate the parking process, eliminating the need for human-driven parking, ramps, and winding pathways. It also offers enhanced security, with restricted human access and surveillance cameras. The project is developed by the Municipal Corporation of Delhi (MCD).
That's not all. Swiss automated parking solutions major Sotefin SA's Indian subsidiary, Sotefin Bharat, is supporting indigenous manufacturing of robots for automated parking systems in West Bengal. The parking solutions company has planned an ₹80-crore IPO to support and build a manufacturing facility of parking robots for automated parking in West Bengal.
This story is from the August 17, 2025 edition of Financial Express Kochi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Kochi
Financial Express Kochi
Apple tops 2025 smartphone mkt
GLOBAL SMARTPHONE SHIPMENTS rose 2% year- on-year in 2025, lifted by stronger demand and eco- nomic momentum in emerging markets, Counter- point Research said on Mon- day. Apple led the market with a 20% share, the largest among the top five brands, supported by solid demand in emerging and mid-sized markets and strong sales of the iPhone 17 series, said Counterpoint analyst Varun Mishra.
1 min
January 13, 2026
Financial Express Kochi
New US envoy raises hope of deal, says talks resume today
HOPES OF A trade deal between India and the US revived on Monday with the new US Ambassador to India Sergio Gor saying the two countries will discuss trade issues in their next call scheduled for Tuesday.
1 min
January 13, 2026
Financial Express Kochi
Powell vows to stand firm amid DOJ criminal probe
TRUMP DENIES HAVING ANY KNOWLEDGE OF THE INVESTIGATION
1 min
January 13, 2026
Financial Express Kochi
Inequality top concern for youth: Survey
*“Cyberfraud big worry for CEOs’
1 min
January 13, 2026
Financial Express Kochi
Forex swap to cruise on arbitrage, corp demand, say bankers
THE ARBITRAGE OPPORTUNITIES between onshore and offshore markets alongside an expected pickup in corporate participation are likely to help the Reserve Bank of India's (RBI's) $10-billions foreignexchange swap sail through smoothly, bankers said.
1 min
January 13, 2026
Financial Express Kochi
Deutsche’s India business gets Kotak, Federal bids
THE BANK, WHICH currently operates branches in 16 cities in India, has been narrowing its focus in recent years on corporate banking and investment banking services for multinational and large domestic clients.
1 min
January 13, 2026
Financial Express Kochi
Labour Code impact drags TCS, HCLTech profits in Q3
Revenue growth remains steady
1 min
January 13, 2026
Financial Express Kochi
Gold and silver storm to records
GOLD AND SILVER climbed to records in a broad-based metals rally as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns over the central bank's independence.
1 min
January 13, 2026
Financial Express Kochi
Lemon Tree: Restructuring gains
EYES CAGR OF 11% IN REVENUE, 13% IN EBITDA, 26% IN PAT OVER FY25-28
2 mins
January 13, 2026
Financial Express Kochi
Capex budget may increase to ₹12.5L cr
AKEYAREA where much of the incremental outlay may be directed is the Centre’s grant-like scheme for special assistance to states for capital investment (SASCI).
1 mins
January 13, 2026
Listen
Translate
Change font size
