Uber Auto & Moto expected to drive Rs 36,000 crore in economic activity in India in 2024: Report

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Ride-hailing app Uber connected Wednesday released its 2024 India Economic Impact Report, according to which its Auto and Moto services are expected to thrust Rs 36,000 crore successful economical enactment successful the existent calendar year.

In full successful 2024, it is estimated that driver-partners volition gain an further 60 per cent a twelvemonth successful higher income done Uber, comparative to their adjacent champion alternate benignant of work, said the study compiled by UK-based consultancy, Public First.

Uber is estimated to boost drivers' net by astir 24 per cent compared to moving without a platform, it claimed. President, Uber India and South Asia, Prabhjeet Singh, told reporters here: “We estimation that Uber Moto and Uber Auto volition enactment Rs 360 cardinal of economical enactment (exchange of wealth betwixt the lawsuit and rider done the platform) successful India successful 2024."

Over the adjacent 5 years, the full size of the ride-hailing car marketplace and its imaginable economical interaction could turn by different 50 per cent, helium said.

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