Uber slashes prices by up to 22% in 10 Indian cities
FollowFaced with stiff competition from domestic players American based Uber has decided to slash its fare by up to 22% in 10 cities in India including Pune and Ahmedabad. Also, effective from Tuesday, 12 April 2016, the base fare of all Uber rides will be reduced to Rs.30 in Indore, while cab rides in Nagpur will cost only Rs 5 per kilometre. Earlier this month Uber had also introduced UberAUTO in Bhubaneshwar and Coimbatore at Rs 3 per kilometre.
In a press release Uber said “We are decreasing uberGO prices by up to 22% making our service even more affordable for you to get where you need to go. But it's also important to note that with increased demand drivers get busier as well”
Below is the list of decrease in rates by city
|
City |
Percentage Price Reduction* |
|
15% |
|
|
17% |
|
|
22% |
|
|
22% |
|
|
18% |
|
|
9% |
|
|
9% |
|
|
16% |
|
|
20% |
|
|
18% |
“With even more affordable fares, we believe Uber can be a viable alternative to people driving their own cars with all the hassle and cost that parking brings,” the press release stated
Uber has been receiving strong competition from domestic players like Ola and this move by Uber is possibly aimed at competing against Ola’s Micro cab service that charges a mere Rs 6 per kilometre. Ola Micro is currently available in 13 cities across India including Bangalore, Delhi and Mumbai.
