Uber CEO Dara Khosrowshahi is in India, visiting one of the ride-hailing company’s largest markets globally. During the course of the visit, Khosrowshahi will meet several Union and state ministers, people aware of his plans said.
On Tuesday, in New Delhi, the Uber CEO met finance minister Nirmala Sitharaman and aviation minister Ram Mohan Naidu, and is likely to meet labour minister Mansukh Mandaviya, consumer affairs minister Pralhad Joshi and transport minister Nitin Gadkari, the people said.
Following his meeting with Sitharaman, Khosrowshahi wrote on X, "When we last met in 2022, we made a promise. I’m proud to share we’ve kept it — the number of earners on Uber’s platform in India has quadrupled since we last met. We had a rich conversation about Uber’s strategic investment roadmap for India and how platforms like ours can be genuine partners in the journey toward #ViksitBharat2047."
Khosrowshahi, who last visited India in 2024, will also travel to Mumbai, where he is expected to meet state government officials, before heading to the company’s tech centre in Bengaluru later this week.
His visit comes at a time when the ride-hailing platform is stepping up competition against local rival Rapido, which has been gaining market share. In February, Uber injected Rs 3,000 crore into its India entity amid intensifying competition in the sector.
Uber did not comment on the development.
Meanwhile, in a post on X, aviation minister Naidu wrote: “Had an interactive discussion today with the senior leadership of Uber led by CEO Dara Khosrowshahi. It was a forward-looking discussion focused on enhancing the air travel experience through better and more convenient last-mile connectivity for passengers. Alongside improving passenger convenience, I also encouraged the delegation to further strengthen sustainable mobility initiatives in line with our broader vision of making urban transit cleaner and efficient.”
As it sharpens its focus on premiumisation and tightens control over vehicle supply, Uber has also been investing in Indian fleet operators. In January, it made a strategic investment in CarDekho Group-backed Carrum Mobility, following an earlier investment in Mumbai-based Everest Fleet.
During his last visit to India in 2024, the Iran-born Khosrowshahi had flagged rising competition in the market. “The Indian market is getting more competitive. It was a two-player market previously, now there are three-four players, there are many young upstarts. We have to make sure we’re on our toes and compete effectively against them,” he had said in an exclusive interview with ET. “As a company, we want to focus on markets where we have a right to win. I’m not in this to be in second place, I’m in this to win.”
Globally, the company saw growth impacted during the January-March quarter because of the West Asia conflict, but issued a strong forecast for the months ahead. The San Francisco-based company said it expects gross bookings of $56.25 billion to $57.75 billion in the June quarter, ahead of analyst estimates, according to a Reuters report.
Across global markets, Uber has also been expanding beyond ride-hailing to become a broader platform spanning food delivery, grocery, travel and local commerce, including a recent push into hotel bookings. The company previously operated UberEats in India before selling the business to Zomato in 2020.
On Tuesday, in New Delhi, the Uber CEO met finance minister Nirmala Sitharaman and aviation minister Ram Mohan Naidu, and is likely to meet labour minister Mansukh Mandaviya, consumer affairs minister Pralhad Joshi and transport minister Nitin Gadkari, the people said.
Following his meeting with Sitharaman, Khosrowshahi wrote on X, "When we last met in 2022, we made a promise. I’m proud to share we’ve kept it — the number of earners on Uber’s platform in India has quadrupled since we last met. We had a rich conversation about Uber’s strategic investment roadmap for India and how platforms like ours can be genuine partners in the journey toward #ViksitBharat2047."
Khosrowshahi, who last visited India in 2024, will also travel to Mumbai, where he is expected to meet state government officials, before heading to the company’s tech centre in Bengaluru later this week.
His visit comes at a time when the ride-hailing platform is stepping up competition against local rival Rapido, which has been gaining market share. In February, Uber injected Rs 3,000 crore into its India entity amid intensifying competition in the sector.
Uber did not comment on the development.
Meanwhile, in a post on X, aviation minister Naidu wrote: “Had an interactive discussion today with the senior leadership of Uber led by CEO Dara Khosrowshahi. It was a forward-looking discussion focused on enhancing the air travel experience through better and more convenient last-mile connectivity for passengers. Alongside improving passenger convenience, I also encouraged the delegation to further strengthen sustainable mobility initiatives in line with our broader vision of making urban transit cleaner and efficient.”
As it sharpens its focus on premiumisation and tightens control over vehicle supply, Uber has also been investing in Indian fleet operators. In January, it made a strategic investment in CarDekho Group-backed Carrum Mobility, following an earlier investment in Mumbai-based Everest Fleet.
During his last visit to India in 2024, the Iran-born Khosrowshahi had flagged rising competition in the market. “The Indian market is getting more competitive. It was a two-player market previously, now there are three-four players, there are many young upstarts. We have to make sure we’re on our toes and compete effectively against them,” he had said in an exclusive interview with ET. “As a company, we want to focus on markets where we have a right to win. I’m not in this to be in second place, I’m in this to win.”
Globally, the company saw growth impacted during the January-March quarter because of the West Asia conflict, but issued a strong forecast for the months ahead. The San Francisco-based company said it expects gross bookings of $56.25 billion to $57.75 billion in the June quarter, ahead of analyst estimates, according to a Reuters report.
Across global markets, Uber has also been expanding beyond ride-hailing to become a broader platform spanning food delivery, grocery, travel and local commerce, including a recent push into hotel bookings. The company previously operated UberEats in India before selling the business to Zomato in 2020.