Cab services upbeat on post lockdown business

We anticipate the cabs to play a much bigger role as people will definitely avoid air and train travel --- Siddharth Ladsariya, founder, Everest Fleet

By Author  |  Published: 24th May 2020  12:03 amUpdated: 23rd May 2020  10:52 pm

Hyderabad: Even though the cab services have seen a slowdown in the last few months, due to the lockdown induced by the Covid-19 pathogen, the sector feels that demand will pick up post lockdown.

With travellers apprehensive about flying by air and/or taking trains, cabs will be the next best option, say experts. Few cab services are already travel partners for essential and medical emergency customers during the lockdown and these players feel that the demand is set to grow post lockdown.

Everest Fleet founder Siddharth Ladsariya said that the company had pivoted from being a fleet provider to ride-hailing apps to providing their own cars to customers on-demand. “Most players are trying to see how the demand will improve post the lockdown in the country and the lack of public transport has definitely pushed private players’ demand in this sector. We anticipate the cabs to play a much bigger role as people will definitely avoid air and train travel,” he said.

He also added that the industry will take at least 6-12 months before recovery happens as about 97 per cent of the demand has vanished in the lockdown period. In terms of safety, Everest Fleet will be providing plastic sheets on seats, masks and sanitisers while also monitoring driver temperature and is also working on technology to check the hygiene measures taken by the driver for himself and the car.

Chauffeur-driven car rental offering Savaari, that operates in 135 cities in India and serves 1,000-plus routes, has been offering its services to needy customers and anticipates growth in demand for their service.

“While the cab industry has been massively hit due to restricted travel during the lockdown period, we anticipate that post lockdown customers will prefer to travel by chauffeur-driven cabs as they feel safe as they are not sharing the car with any other passenger. While short distance travel will surely be done by cabs, we see that even for longer distances, customers will look at cabs with drivers rather than going by plane or train,” Gaurav Aggarwal, founder and CEO, Savaari Car Rentals told Telangana Today. For many travellers, safety and hygiene will be top priority and non-sharing vehicles will be always preferred, Aggarwal mentioned.


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