Uber India to keep spending its 20% share on drivers: Amit Jain

When asked how long the company would like to continue to operate without taking its share, Jain said India was a core market for the company and they have a long-term commitment to this market

Taxi hailing app Uber on Thursday said it was not inclined to take its 20% share in customer fare in India until the earnings of driver partners become sustainable, either by a possible increase in fares or through an improved efficiency.

"We have not taken our share in the last 3 years. The key factor we are looking at is that the earnings of the driver partners will have to be sustainable. Either the rates have to go up by 20-25% from the present level or we should be able to improve the efficiency of operations (to achieve that goal)," Amit