Mobility sector may log 30-40% drop in rides : vimarsana.com

Mobility sector may log 30-40% drop in rides


Mobility sector may log 30-40% drop in rides
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Last Updated: May 04, 2021, 05:00 AM IST
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Synopsis
The sector is expected to continue spiralling downward as the state governments of Maharashtra, Delhi and Karnataka impose lockdowns
ETtech
Illustration: Rahul Awasthi
The mobility sector clocked around 78 million rides in March, 69% of what it had recorded in pre-Covid-19 months last year, a report by RedSeer Consulting showed.
The sector (which includes cabs, autoricksaws and bike taxis) was badly hit by the Covid-19 pandemic and is expected to continue spiralling downward as the state governments of Maharashtra, Delhi and Karnataka impose lockdowns.
It is expected to see a further drop of 30-40% in the coming months.

Related Keywords

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