- February 25, 2024
- Posted by: legaleseblogger
- Category: Related News
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Uber CEO Dara Khosrowshahi’s Visit to India
Uber CEO Dara Khosrowshahi, currently visiting India, has expressed his views on the country, calling it ÔÇÿnot only a market with enormous potential,ÔÇÖ but also a ÔÇÿstate of mind’ for the firm.
Uber’s Outlook on the Indian Market
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During his interaction with The Economic Times, Khosroshahi highlighted the demanding nature of the Indian customer, both in terms of service and price.
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He also praised India’s digital public infrastructure, including Aadhaar, UPI, and ONDC, noting its uniqueness and potential for innovation at scale over the next five to ten years.
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Khosroshahi emphasized the need for entrepreneurship and efficient service delivery to succeed in India, leveraging the company’s profitability in other markets to support its operations in the country.
Uber’s market share in India has been on the rise, and Khosrowshahi sees potential for long-term profitability in the Indian market.
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With nearly 900,000 drivers associated with Uber in India, Khosrowshahi expressed confidence in reaching a million drivers in the country, similar to the numbers in Brazil.
Moreover, India ranks among the top 10 countries for Uber in terms of bookings, showcasing its importance in the company’s global operations.
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