City Uber drivers to get operational and financial support from Tata Services

The Tata group had recently announced its partnership with leading cab services platform Uber Technologies to offer customized vehicle financing solutions and insurance plans for drivers from Tata Capital Financial Services and Tata Motors Finance. They will also be eligible to get affordable insurance policies from Tata AIG. Tata Business Support Services has also agreed to provide operational support for the registered drivers who want to use the benefits of this agreement.

“It’s clear from talking to drivers how much they value their flexibility and independence. It’s why we are excited to work with the Tatas to help make it easier and more affordable for drivers to get on the road, thereby promoting micro entrepreneurship in India.” Said Eric Alexander, Head of Business, Uber Asia.

This initiative is Pan – India but has been rolled out only in Hyderabad for now. Over the next year, the companies plan to take it nation – wide, facilitating about 20,000 drivers to start their own business on the Uber platform, quotes Madhu Kannan, Member-Group Executive Council, and Group Head for business development and public affairs, Tata Sons.

This is indeed good news for all Uber drivers who struggle to pay exorbitant rents for leased cars. It is also a proud moment for the city dwellers that Uber and Tata chose Hyderabad to roll out the first phase of this initiative. This only proves the ample opportunities the city has for all kinds of initiatives and innovations.

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