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Cover Story
YA CAB Services: Premium Online & Offline Transport Booking Aggregator
Car rental market in India is projected to grow at a CAGR of more than nine percent to reach a worth of US$2.030 billion by 2026. The number of users for car rentals was approximately 12 million in 2018 and it is expected to grow to over 16 million by 2023. However, a large population is still oblivious to the concept of renting cars and that’s where these companies can jump in to create awareness among the people to expand their user base. If all the numbers and projections are to be reckoned with then the car rental space is surely the place to be for the investors and new businesses.
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