2. Executive Summary
Market
Radio cab market is growing at a1% CAGR and is slated to grow at a CAGR of a2% annually in
future
Business model can be differentiated into 2 different fleet categories – company‐owned and
franchised fleet
Revenues are garnered for this particular sector through 2 significant heads namely fares and
Revenues are garnered for this particular sector through 2 significant heads namely fares and
advertisements
Drivers
Drivers &
Drivers &
Challenges
Trends
Challenges
– Increase in disposable income and
transportation related expenses
– Influx of tourists
Influx of tourists
– Demand from corporate sector
– Change in consumer mindset
– Economic slowdown acts as an indirect
stimulant
Hard and soft skills’ training for cab drivers
Increased entertainment options inside radio
cabs
Radio cabs with Wi‐Fi services
Collaborations with other service providers
p
marking the sector
– High fares
– TRAI regulation on SMS cap
–U
Unavailability of parking space
il bilit f
ki
PE investments in the sector
Technological advancements in radio cabs
Exclusive radio cabs for women
Loyalty programs launched by radio cab
operators
p
Advent of mobile apps
Major Players
Competition
Carzonrent
Mega Cabs
Meru Cabs
Metro Cabs
Quick Cabs
Tab Cabs
RADIO CAB MARKET IN INDIA 2013.PPT
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6. Ease of booking and quality customer service work towards
shaping growth for radio cabs in the country
SAMPLE
Radio Cab Market – Overview
• Radio cabs business have emerged as one of the fastest growing businesses in India
• Presently it is growing at a rate of b1% and is slated to grow at a rate of b3% in future
Presently, it is growing at a rate of b1% and is slated to grow at a rate of b3% in future
• Demand for radio cabs is soaring in India especially in large cities including metros where people have enough
spending power to avail of such services
• Governments across different states are also encouraging growth of this sector as they believe that efficient
transport service is essential for any province to grow
transport service is essential for any province to grow
• Another facet in this sector is the generation of revenues through advertisements which has now developed as
a major component in the OOH category
Radio Cab Market – Growth
Unit no
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RADIO CAB MARKET IN INDIA 2013.PPT
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11. Drivers & Challenges – Summary
Drivers
Challenges
Increase in disposable income and
Increase in disposable income and
transportation related expenses
High fares
Influx of tourists
TRAI regulation on SMS cap
Demand from corporate sector
Unavailability of parking space
Change in consumer mindset
Economic slowdown acts as an
indirect stimulant
RADIO CAB MARKET IN INDIA 2013.PPT
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17. Private: Domestic Company – Company 1 (4/6)
Key Recent Developments (1/2)
Description
SAMPLE
News
• Has a presence in cities such as city 1, city 2
Overview
• Has its presence in ‐‐cities and ‐‐ major airports and has future plans of expanding in other
cities as well
• Its fleet includes cars such as car 1 car 2 car 3 car 4
Its fleet includes cars such as car 1, car 2, car 3, car 4
In‐taxi deals
Latest Events
• Boasts of an unique amalgamation of online deals on an offline platform through l1
• L2 is available in around l3 cabs in Mumbai itself
L2 is available in around l3 cabs in Mumbai itself
• L4 works through a tablet
• Has recently announced of providing prompt and timely services and a promise of
providing a free ride worth INR ‐‐ in case it misses to fulfill its commitment
• Has tied up with l5, the manufacturer of the l6
Initially, l7 electric cars will be available in each of these cities that can be booked on phone like any
other cab, along with additional options of online booking
This experience of a self drive will cost INR ‐‐ for a period of l8 and will began from l9
p
p
g
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18. Private: Domestic Company – Company 1 (5/6)
Key Recent Developments (2/2)
Description
SAMPLE
News
Acquisition
• Has announced the acquisition of online car rental service aggregator l10 wherein it is on
Has announced the acquisition of online car rental service aggregator l10 wherein it is on
the lookout for working on enhanced technology platforms to process a retail venture
• Both l11 and l12 will be working together to introduce new product offerings
Technological add‐ons
• Has introduced l13 for different platforms which would enable consumers to book radio
cabs through mobile phones
cabs through mobile phones
• Customers can also create and manage their profiles, reserve a cab, tag frequently
travelled locations as favorites, view history of last reservations, modify and even cancel
reservations
• Additionally, new features will also enable customers to track the location of their booked
cabs as also provide live traffic information once they book a car on the l14
b
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id li t ffi i f
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th b k
th l14
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20. Thank you for the attention
The Radio Cab Market – India 2013 report is part of Netscribes’ Services Industry Series.
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