Indian Electric Rickshaw Industry Revenue Worth $1,394.2 Million by 2025 says P&S Intelligence
Share this article Share this article NEW YORK, March 8, 2021 /PRNewswire/ -- Most of the people living in Indian cities are still not wealthy, which is why the need for cost-effective public transportation, especially for short distances, has always been high. This factor is expected to propel the Indian electric rickshaw market at a 33.3% CAGR between 2020 and 2025. At this rate, the market size will likely rise to $1,394.2 million by 2025 from $786.2 million in 2019, according to the market research report published by P&S Intelligence. Rides on electric rickshaws in the country, which are...