Ride-hailing firms welcome liberal Indian taxi policy blueprint


Charging ahead: Uber serves 29 Indian cities and sees a path to profitability.

NEW DELHI: Leading ride-hailing firms have praised an Indian policy blueprint on regulating the taxi industry, saying it would offer their app-based services a chance to flourish despite their concerns about price caps. 

A committee set up by the Ministry of Road Transport and Highways recently published its findings, stating that India needed one regulatory framework for the taxi industry to promote mobility and discourage car ownership.

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