Shared mobility services are gaining traction in India with more demand for carpooling or ride-sharing facilities. Carpooling is the type of commute where a private car owner offers his/her car seats to the public who are traveling on the same route, and they reimburse fuel costs. In this process, the car owner does not earn any money but does save on the fuel cost.
Carpooling has become popular in most of the western countries, but the idea is now catching up in India. Most of the carpooling service providers are targeting the IT and manufacturing sectors since huge traffic in urban cities is created by these sectors. The majority of the users are young professionals dealing with everyday traffic to save some of their travel time. Thus, carpooling becomes the most reliable option for these commuters, by which they can drive through the congested urban traffic easily at a low cost, car owners can suffer less driving stress, curbing pollution and the number of vehicles on the road.
The daily usage of privately-owned vehicles in India is quite high. Moreover, as petrol and diesel price are on the rise and the charges of autos, cabs, and taxis are surging, and carpooling is turning out to be a cheaper and convenient option for professionals who need to take daily commute to the office. Carpooling is helping to save fuel and lessen the problem of pay parking at workplaces altogether allowing to create a network of connections.
Carpooling has been made effective, by providing web-based or mobile-based platforms which makes it easier to choose the commuter, depending on their travel time and trip distance, according to his preference.
As the ride-sharing application in India is taking a leap, there is huge potential and market share one can expect in the carpooling industry.
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- Detailed Financial Projections & Calculations – 3 – 5 Yrs.
- Systematic Sales & Marketing Plan.
- Operational Plan
- Admin & HR Plan
- Registration and Legal information related to project set up.
- Strategic Portfolio.
- And much more.
What I will get from these reports?
- It will give you a brief idea about the Carpool Platform.
- It will give you knowledge on technical, commercial aspects for opening the “Carpool Platform”.
- It will give you the information required budget, expenses, and profitability.
- It will provide you market-related information.
Key questions answered in the report: –
- What is the feasibility of starting the Carpool Platform?
- What are the most important affecting factors for the Automotive Industry?
- Which are the high growth market segments in the Automotive Industry?
- What are the requirements for starting a Carpool Platform?
- What are the market forecasts and estimates from the period 2019-2022?
- What are the major drivers, trends, restrains, threats, and opportunities in the automotive industry?
- Who are the major players in the Carpool Platform market?
- How to get a loan or raise funds?
- All these and many more questions will be answered in these reports with detailed information.
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