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Uber India created Rs 44,600 cr in value for economy in 2021: Report

Study commissioned by ride-hailing firm says its services help riders, drivers and communities save money and time

uber, cabs, taxi, apps, technology, cab aggregator

Indian riders regarded ridesharing as the most significant transport innovation in a decade in their experience.

Peerzada Abrar Bengaluru
Uber generated Rs 44,600 crore in value for the Indian economy in 2021 with its on-demand service for riders, drivers, and the wider community, said a report commissioned by the ride-hailing company on Wednesday.

The report by Public First, a public policy research agency, said Uber produced Rs 1.5 trillion in consumer surplus in 2021: an amount equivalent to 0.8 per cent of India’s gross domestic product (GDP). 

As many as 96 per cent of riders said they use Uber because it is convenient, according to Public First’s report. Uber saves riders over 16.8 crore hours a year. The report

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First Published: Aug 24 2022 | 5:40 PM IST

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