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Owning a Car or taking an Uber

Travis Kalanick, founder and CEO of Uber, built his cab-hailing startup with one ambitious goal: to stop people from buying cars. And while his ultimate goal could well be achieved globally, India would remain an exception. New research by Swiss investment bank UBS says that ride-on-demand (RoD) apps won’t stop Indians from buying their own…

via The simple reason why Uber and Ola can’t deter Indians from owning cars — Quartz

The investment bank UBS research might be saying that Indians still want a car, however, I still prefer taking an Uber ride over driving. Here’s why –

  • I can sit and read while the car is happily en route to my destination. Taking calls and thinking through things is a breeze.
  • Labor as well as Time & Material are saved
  • Dependency on cash is more or less removed. After demonetization, I have reduced my cash dependency completely, and I am loving it.
  • Whereas, its great to have a car and a driver handy to do on random jaunts like drop the kids to school, go for shopping, et al … however, an on the spot Uber is almost as good

Indians would treat the car as a status symbol, perhaps in the interiors they still do – however, with parking space coming at a premium (last I checked, a parking space in Nariman point as expensive as a 15 Lakh INR) taking an Uber is just more convenient.

By Prasad Ajinkya

Prasad Ajinkya is the Big Fat Geek and often he spends his time working on the WordPress or Google eco-system. He loves to solve business problems with technology.

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