- Bike taxis can have a big positive impact on Indian economy, a report by Ola Mobility Institute says.
- The report notes that bike taxis can create over 2 million jobs in India.
- The bike taxis also have potential to improve traffic within India cities, believes Ola.
The concept of bike-taxis is fairly new in India. But it seems that the future is bright for this industry and the opportunities these bike-taxis create are worth a mention. A report by OLA' think tank -- OLA Mobility Institute believes that bike taxis have potential to be very popular in India and that they can create up to 2 million jobs here. Both Ola and Uber offer bike taxi service in India.
The report titled The Power of Two Wheels - Bike Taxis: India's New Shared Mobility Frontier'' highlights the impact bike taxis can have on various sectors in India. The report notes that bike taxis, which are extremely popular in countries like Thailand, in India can be future of urban transportation and can create many job opportunities.
According to the report, bike taxis can create more than 2 million livelihood opportunities. Moreover, these bike-taxis would also generate a revenue of $4-5 billion.
The inferences of the reports were drawn by talking to more than 100 bike-taxi drivers in Gurgaon and Jaipur.
The main feature of bike-taxis is that it reduces traffic congestion. At a time, when time is money, it becomes significant to save time. Not only do these bikes save time but they are really easy on the pocket given that you are comfortable with sitting on a bike.
Another feature is the urban-rural connectivity that these bikes generate which improves urban and rural mobility. Moreover, it creates employment opportunities for people from all strata of the society.
The report also has certain recommendations. Opportunities created by the bike-taxi industry should help build micro-entrepreneurial opportunities. Moreover, there should be no hierarchy in such industries. It also suggests that there should be some sort of a linkage to the public-transit systems.