Excited About Future Of Uber In India With 1000s Of Job Opportunities
New Delhi: Taxi aggregator Uber CEO Travis Kalanick today said his company is very excited about its future in India with increasing penetration of smartphones.
"We are very excited about future of Uber in India. With hundreds-thousands of driver opportunity and jobs we have come here with, we could't be more excited to serve India and to work with sons and daughters of India who run Indian operations," Kalanick said after meeting Law and IT Minister Ravi Shankar Prasad.
He said that Uber has made amazing progress in India. Uber operates across 73 countries. India has became the largest market outside the United States for Uber and accounts for 12 per cent of all Uber trips globally.
Bier has set up its first engineering centre in Asia at Bangalore and has added over 500 employees across India.
"Large part of the infrastructure has been laid out in India where over billion people have phones and large percentage of them own smartphones," Kalanick said.
Uber facilitates cab service in 29 cities across India. Kalanick said that when such infrastructure is rolled out, people like him go around to such places and help people generate income opportunities.
Uber has announced UberSHAAN skill development initiative
in India with objective to empower one million micro-entrepreneurs by 2018.
Prasad said in the meeting they discussed opportunities in spreading digital literacy, clean India campaign among others.
"What impressed me more that after demonetisation drive, started, nearly 50 per cent of payment to Uber is through digital platform which earlier used to be only 20 per cent," Prasad said.
"We found some very interesting trends in 2016, including, that of a rider in Bangalore, India, who took almost 3,135 trips, making it the highest number of rides taken by a single rider, globally," Uber India and South Asia President Amit Jain said.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
-
Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.