Uber is rapidly growing its operation in India and has added seven new cities where it will provide its services – Bhubaneswar, Coimbatore, Indore, Mysore, Nagpur, Surat and Visakhapatnam.
That takes the total number of locations in India where Uber is present up to 18, making the country the second-largest market in terms of cities covered.
The SF-based company’s recent appointment of Amit Jain as its India President showed just how serious the company was taking the Indian market – something it hasn’t done elsewhere.
Uber sees India as a large enough opportunity to justify the investment in a central team and is now rapidly expanding its presence as the competition with Ola intensifies.
Getting into non-metro cities such as these will help Uber keep up its claimed 40% month-on-month growth in India as they currently showcase some of the fastest economic growth in the country.
Recently, a letter from the CEO of Uber to investors revealed that the company is close to handling nearly 1 million rides a day in China. While India isn’t anywhere close to those figures, the general outlook is that Asian markets are gold for growth.