Published 16:02 IST, October 22nd 2019
'India fundamental to Uber's growth story, investing in talent': CEO
Uber CEO Dara Khosrowshahi, who is on a 5-day trip to India, stated that India is fundamental to the growth of the company and it is investing in talent
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Uber CEO Dara Khosrowshahi on Tuesday said that India is fundamental to company's growth and US-based ride-hailing platform is investing in talent to develop products that can be taken to or countries. Khosrowshahi, who is on a five-day trip to India, also launched 'Public Transport' feature on Uber app in Delhi to allow commuters to plan ir trips using Delhi metro. "India is a fundamental part of Uber's growth story. It is a very important market for us. It is among top 10 markets for us and we continue to believe in and invest in India. Our business here is improving," Khosrowshahi told reporters in New Delhi.
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'We see invation'
He ted that some products were improving on profitability scale and that company would continue to invest in long-term growth profile of India. Khosrowshahi ded that India t only offers scale but is also an invation gateway for Uber to rest of developing world.
"Over next 10 years, this growth is going to be defined by markets like India, Africa, and Middle East more than developed markets such as US and Europe. What we see here is obviously scale, (and) we see invation," he said.
Khosrowshahi said that he is visiting Uber's centres in Bengaluru and Hyderab that work on various products and features. Many of se features like cash rides and Uber Lite were developed in India and n extended to or countries. company said it will expand its hecount to about 1,000 people in se centres over next few months. "We can build in India, and n export all around world," he ded. Talking about partnership with Delhi Metro Rail Corporation (DMRC), Uber India and South Asia President Preep Parameswaran said 'Public Transport' will provide live transit information about Delhi Metro and Delhi Transport Corporation (DTC) on Uber app.
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Uber Transit Journey Planning
This will make travel easier for riders, he ded. Uber h won a public bid to offer its mobility services across 210 Delhi Metro stations. Under Public Transport option in Uber app, riders will be able to see fastest and cheapest routes, as well as real-time schedules and departure time for public transportation. It will be rolled out for customers in a phased manner. Uber Transit Journey Planning was first launched at beginning of 2019. Since n, it has been launched in eight cities globally - Denver, Boston, Chicago, Washington DC, San Francisco, London, Paris, and Sydney.
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'Enhance commuting experience'
Mangu Singh, Managing Director of DMRC, said, " Metro network today spans over 377 km with 274 Metro stations. This new initiative integrating public transport with mobility operators like Uber will certainly boost first and last-mile connectivity solutions for around six million passenger journeys performed in system daily. "Partnership with on-demand mobility operators like Uber will help enhance commuting experience with seamless last-mile connectivity, he ded. Uber will get a designated for pickup spots at stations, as well as inside for kiosks.
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15:36 IST, October 22nd 2019