PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: TechSci Research

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

India Radio Taxi Service Market to Surge due to Increasing Adoption of Aggregator Business Model - Expanding middle class, growing per capita income and changing lifestyles to boost radio taxi market in India - TechSciResearch.com
India Radio Taxi Service Market to Surge due to Increasing Adoption of Aggregator Business Model

 

NewswireToday - /newswire/ - Burnaby, British Columbia, Canada, 2014/06/23 - Expanding middle class, growing per capita income and changing lifestyles to boost radio taxi market in India - TechSciResearch.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

India radio taxi services market has been witnessing massive year-on-year growth since 2009. Customers are increasingly shifting from traditional black & yellow taxis to modern Radio Taxis equipped with AC, GPS, 24x7 customer support, electronic fare meter and other tangible and intangible features. Currently, companies operating under aggregator business model are witnessing robust double digit growth. The growing adoption of aggregator model is opening up the market for unorganized taxi operators to switch to organized radio taxi services market.

According to a recently published report by TechSci Research,“India Radio Taxi Services Market Forecast and Opportunities 2019”, the radio taxi services market revenues are forecast to grow at a CAGR of about 25% during 2014-19 on account of rapid urbanization, increasing demand from corporate sector, growing per capita income coupled with various benefits offered by Radio Taxis such as enhanced passenger comfort and security as well as GPS/GPRS and internet connectivity. Major Radio Taxi providers in India include Meru Cabs, Carzonrent, ANI Technologies, and TaxiForSure.com. With major presence in metro cities such as Delhi, Mumbai, Bangalore, Hyderabad and Chennai, these players are now increasing their focus on expanding their service network in tier-2 cities.

“Existing and upcoming industrial hubs and corporate parks on the outskirts of metro and tier-1 cities such as Delhi, Mumbai, Bangalore and Chennai are creating significant growth opportunities for radio taxi operators. Moreover, young working class, in particular, opts for radio taxis due to enhanced convenience and safety. These factors are expected to significantly boost the radio taxi market in India over the next five years”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Radio Taxi Services Market Forecast and Opportunities 2019’’ has evaluated the future growth potential of the India Radio Taxi industry and provides statistics and information on market structure, industry behavior and trends in the country’s Radio Taxi market. The report includes Radio Taxi Services market projections and demand forecasts. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment evaluation. Besides, the report identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the India Radio Taxi market.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: TechSci Research

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


India Radio Taxi Service Market to Surge due to Increasing Adoption of Aggregator Business Model

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Ken Mathews - TechSciResearch.com 
+91 12 04316223 ken.mathews[.]techsciresearch.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TechSci Research securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From TechSci Research / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

Frost & Sullivan Honors Greenlots with its Product Leadership Award
Frost & Sullivan Honors IriTech for Leading Iris Biometrics to New Frontiers in Mobile, AR/VR and Automotive Markets
Corporate Mobility Solution Providers Leverage a Sophisticated, Partnership-based Ecosystem Finds Frost & Sullivan
eRetailing, Telematics and Service Aggregation Boost Evolution of Global Automotive Aftermarket in 2017 Finds Frost & Sullivan
Frost & Sullivan Names Drivewyze Company of the Year
Auto Hrvatska, Croatian Importer of MAN Truck & Bus Celebrates its 65th Anniversary
Original Equipment Service Providers in the CV Aftermarket to Edge Out Independent Aftermarket Participants Finds Frost & Sullivan
Frost & Sullivan Commends High Mobility's Potential to Disrupt the Connected Car Market
Beam Axle Market to See Incredible Growth During 2017-2025 Says Persistence Market Research
Suspension Ball Joint Market Rugged Expansion Foreseen by 2025 According to Persistence Market Research
Automotive Manufacturers Leverage Fintech through Partners to Deliver A Differentiated In-vehicle Experience Finds Frost & Sullivan
Axle Bushes Market to Witness Growth Acceleration During 2017-2025 Says PMR
Favourable Government Initiatives and New EV Business Models Boost Poland’s Electromobility Market Finds Frost & Sullivan
Car Washing System Market to Witness Comprehensive Growth by 2026 Reports Persistence Market Research
Autonomous and Connected Technologies to Decrease Transportation Costs to Under 1$ per Mile According to Frost & Sullivan

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  S&A Capital Partner Ltd





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)