Uber has released its 2024 India Economic Impact Report, compiled by Public First. The report highlights Uber’s significant contribution to transform the on-demand economy in India. After more than a decade in India, Uber continues to evolve, offering a variety of services tailored to diverse travel needs, from local rides to intercity journeys and bus travel.
With the increasing popularity of two and three wheeler transport in facilitating last mile connectivity, Uber Moto and Uber Auto have become essential services in India. In 2024, these services supported an estimated INR 36,000 crores in economic activity, highlighting Uber’s significant role in the country’s transportation landscape. These services not only provide convenient options for commuters but also contribute to the overall growth of the economy by connecting people to jobs and opportunities.
The report takes a deeper look at the factors driving the economic contribution of Uber in India:
Key findings:
Supporting a wider economic footprint
● Earning Opportunities: In total, in 2024, we estimate that driver-partners earn an additional 60% a year in higher income through Uber, relative to their next best alternative type of work.
● Uber Auto and Moto Expected to Drive INR 36,000 Crores in Economic Activity in 2024
● Local Exploration: 70% of riders find it easier to explore new restaurants and bars, expanding their local experiences
Expanding opportunity
● Higher Earnings: Uber is estimated to boost drivers’ earnings by about 24% compared to working without a platform
● Increased Opportunity: 65% of Uber drivers believe to have more opportunities thanks to the platform
Safety & Improving Access
● Women’s Safety: 95% of female riders cite safety as their top reason for using Uber. 84% of female riders believe that taking an Uber is the safest way to get home
● Transforming Urban Mobility: Uber has transformed urban mobility, with 84% of Indians stating that the app has improved quality of transportation in India
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