Radio cabs market in India is expected to double every year in the next two years. The business is evolving in major cities across India making travel easy, elegant and safe. With huge demand-supply gap, radio cab is the hottest segment in the transport sector.
State governments are chalking out regulations as well as various initiatives to promote the growth in this market. With competition at its initial stages and large market potential to tap, many players are entering the radio cabs business across India.
The report provides a brief introduction about radio cabs and how they leverage technology in bringing convenience to customer’s travel needs. A detailed market overview covers the market size, growth and the demand-supply gap. Geographic overview section throws light on the penetration of radio cabs across India. The business model is explained in detail covering the costs and revenue aspects.
Trends and characteristics of the radio cabs business are discussed at length including various government regulations and initiatives. Competition section provides the details the market share of players in terms of both value and volume. The profiles of major players are provided in the end along with key developments in the industry.