Taxi, auto rickshaw disruption in Delhi as drivers go on two-day strike

admin admin | 08-22 16:30

The 15 unions on strike represent over 400,000 taxi and auto rickshaw drivers in the national capital.
Cabs and auto rickshaw services were disrupted in New Delhi on Thursday with around 15 driver unions launching a two-day strike.

Cabs and auto rickshaws went off the roads with drivers protesting against falling earnings from cab aggregator platforms such as Uber and Ola.

"Earnings have reduced after the platforms increased their commissions and decreased driver incentives...we have approached the central and state governments to protect our livelihood but there has been no relief," said Kishan Verma, president, Delhi Auto Taxi Transport Union Congress.

The 15 unions on strike represent over 400,000 taxi and auto rickshaw drivers in the national capital.

Verma also flagged the introduction of bike taxis and e-rickshaws on these platforms hurting the business of auto rickshaws and taxis.

A two-day disruption in Delhi could have significant impact on the business of platforms such as Ola and Uber, for whom the national capital is an important market in terms of customer base.

Over the last few years, Ola and Uber have seen multiple rival platforms emerge in the four wheeler taxi space, including WestBridge Capital-backed Rapido, Google-backed Namma Yatri, EV ride hailing firm BluSmart and InDrive.

Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.


ALSO READ

Ola Electric responds to ARAI notice, says prices of S1 X 2 kWh scooter unchanged

Ola Electric provided an invoice dated October 6, showing a INR 5,000 discount given to customers, a...

Hyundai Motor IPO’s off to a slow start

Around 35% of the total shares in the offering are reserved for retail investors, while QIBs and NII...

Under fire, Ola Electric taps EY India to get back on track

Close to a dozen executives from EY came on-board at Ola Electric a few weeks ago on deputation for ...

Tata Motors secures 5-star BNCAP safety ratings for Nexon, Curvv, and EV models in latest crash tests

Tata Curvv.EV BNCAP testTata Motors did it again! Tata Motors has once again secured 5 star rating i...

India needs to step up manufacturing to meet Viksit Bharat goal: Volvo Grp India MD

Volvo Group India Managing Director and President, Kamal Bali. The manufacturing sector is a weak li...

Dollar pullback to help Indian rupee, weak risk appetite to weigh

Investors are now nearly certain that the U.S. Federal Reserve will deliver a 25-basis-point rate cu...