As the global economy opens up gradually, there are bids being made that will reform the automobile industry over the coming years. With calls for sustainability and a significantly inflated market, the focus has shifted towards the optimism presented by self-drive car rentals.
With chauffeured cab services like Ola and Uber becoming a commonality on Indian roads, a lot remains to be seen on when and how self-drive car rentals too will gain such momentum. For instance, global industry reports establish that the self-drive car-rental market in the US has overtaken and contributed to $30 Billion in comparison to the chauffeured market of $ 15 billion, signifying a surge when compared to the selfdrive market in India. Still in its developing stage, the Indian selfdrive market is just hovering over a market cap of $1 Billion. It will be interesting to observe how the Indian stakeholders harness this industry's potential as the conditions have never been as much in favor of this industry as now.
Denne historien er fra September 2023-utgaven av Entrepreneur magazine.
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Denne historien er fra September 2023-utgaven av Entrepreneur magazine.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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