In the cities where Uber is permitted by municipalities to operate, the ensuing battle is typically between the massive tech giant and the local taxi companies. However, in India the competitive landscape is much different: a domestic tech company has an early head start with a soaring market share. In this case, for Uber, the stakes couldn’t be much higher.
India is the second most populous country in the world, but it is expected to surpass China as early as 2022 in this category. More importantly, the country will surely be an economic powerhouse and a center of global growth in the foreseeable future. India does have its challenges, but in a previous chart we showed that it will rival China for overall economic growth in the coming decades.
So who is bold enough to challenge Uber for the massive Indian rideshare market?
Source: http://www.visualcapitalist.com/indias-taxi-war-uber-vs-ola/
India is the second most populous country in the world, but it is expected to surpass China as early as 2022 in this category. More importantly, the country will surely be an economic powerhouse and a center of global growth in the foreseeable future. India does have its challenges, but in a previous chart we showed that it will rival China for overall economic growth in the coming decades.
So who is bold enough to challenge Uber for the massive Indian rideshare market?
Source: http://www.visualcapitalist.com/indias-taxi-war-uber-vs-ola/
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