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Economics of taxi industry in India…too good to be true?

A superb article detailing how India’s taxi industry is changing. Mix of technology and huge VC interest is driving the taxi business. The only problem is one does not know whether the low fares are sustainable and too good to be true:

Will have to wait and see how all this pans out. Till then, the customers can enjoy the rides, a rarity on Indian roads..

This entry was posted on November 28, 2014 at 8:54 am and is filed under Indian Economy/Financial Markets. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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