Uber generated Rs 44,600 crore in value for the Indian economy in 2021 with its on-demand service for riders, drivers, and the wider community, said a report commissioned by the ride-hailing company on Wednesday.
The report by Public First, a public policy research agency, said Uber produced Rs 1.5 trillion in consumer surplus in 2021: an amount equivalent to 0.8 per cent of India’s gross domestic product (GDP).
As many as 96 per cent of riders said they use Uber because it is convenient, according to Public First’s report. Uber saves riders over 16.8 crore hours a year. The report