This move, whenever materializes, will be a big boost for the Indian automobile industry as we will not only witness a hike in car sales, but it will also create jobs within the ecosystem. Once this deal is inked, it can surely be one of the largest single-buyer orders from any company in the country. Uber will take this up through its leasing unit Xchange Leasing which will be doing the rounds of purchase for the cars.
However, Uber India didn’t share any details on this strategic investment. But, as per the plan, they are looking to reach out to million drivers to come on board as a part of its UberSHAAN initiative in managing their potential fleet over the next two years. All in all, this comes as a great news for the entire auto fraternity as we see the fleet-market reach newer heights and open up opportunities for the common man as well.