Uber generated INR 44,600 Cr in economic value in India in 2021

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Uber India generated an estimated INR 44,600 Cr in ‘economic value’ for the country in 2021, according to a report commissioned by the ride-hailing giant.

By 2021, Uber will have added an estimated INR 44,600 Cr to the Indian economy.” This includes the impact of driver-partner earnings as well as the wider indirect and induced multiplier effect created throughout the company’s wider supply chain,” the cab aggregator stated in the report. The study, titled Uber’s 2021 Economic Impact Report, was created by the UK-based research and public relations firm Public First. The total economic impact was calculated using the earnings of drivers as well as the wider indirect and induced multiplier effect created throughout the company’s supply chain. These parameters were then fed into the modelling framework, which produced the results.

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StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.

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Uber generated INR 44,600 Cr in economic value in India in 2021

Uber India generated an estimated INR 44,600 Cr in ‘economic value’ for the country in 2021, according to a report commissioned by the ride-hailing giant.

By 2021, Uber will have added an estimated INR 44,600 Cr to the Indian economy.” This includes the impact of driver-partner earnings as well as the wider indirect and induced multiplier effect created throughout the company’s wider supply chain,” the cab aggregator stated in the report. The study, titled Uber’s 2021 Economic Impact Report, was created by the UK-based research and public relations firm Public First. The total economic impact was calculated using the earnings of drivers as well as the wider indirect and induced multiplier effect created throughout the company’s supply chain. These parameters were then fed into the modelling framework, which produced the results.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Editorial Team
StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.

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