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Friday, July 13, 2012

future of radio taxi in india


Worldwide as well as in India, taxi services market is variedly unorganized. However, in the recent past, companies started capitalizing this market and in no time several large as well as small radio taxi operators expanded rapidly in the Indian radio taxi market. Since, 2009 the market has witnessed the compounded annual growth rate (CAGR) of 41.90% in terms of market revenues. Increasing consumer disposable income along with poor public transport system in the country has give rise to a new market of radio taxi services.

According to "India Radio Taxi Services Market Forecast & Opportunities, 2017" the radio taxi services market in India has huge untapped opportunities. There are very few players in the organised radio taxi services market who have failed to address the market demand due to unavailability of required number of cabs. The national capital region Delhi-NCR has highest potential where almost 30% calls are dropped by the companies due to unavailability cabs/taxis. It is estimated that India radio taxi services market will reach 30,000 taxis by 2017. The company's such as Meru Cabs has resulted in 120% increase in Net (loss) profit after tax for their equity shareholder which shows the kind of return on investments this newly created market segment is witnessing. The "India Radio Taxi Services Market Forecast & Opportunities, 2017" report elaborates following particulars:

Read more here: http://www.sacbee.com/2012/07/11/4625109/india-radio-taxi-services-market.html#storylink=cpy

2 comments:

  1. radi taxi growing marketing in india,its have a alots future
    Taxi for jaipur

    ReplyDelete
  2. Radio taxi services increasing fastly and it hast great future..
    Radio Taxi in Lucknow

    ReplyDelete