Reliance Taxi Cab

As Reliance called this service Reliance Jio Cabs, they had initially planned to launch the service in April.

Trust Jio Cabs to take on Ola and Uber.

Jio Ambani-led Reliance Mukesh Reliance is planning to start an app-based taxi company later this year and has ordered around 600 vehicles to start the year. Probably the name of the ministry is Reliance Jio Cabs. Start of the taxi services will be dependent on the introduction of Jio's telecommunications services, currently scheduled for April.

It is likely to be competing aggressively in the taxi services sector and has turned to E&Y to develop price policies consistent with Reliance Industries Chairman Ambani's plan to "do everything possible to gain additional business," the sources said. On Tuesday Ambani said that the launch of Jios' telecommunications services will begin on April 1.

Reliance Industries also said that the airline has ordered automobiles for its own fleets from manufacturers such as Mahindra and Hyundai. "You' ve placed orders for almost 600 cars," said this well. Ideally, they would run their own vehicle fleets with independant taxi operators who could connect their vehicles to the Reliance Jio Cabs intranet.

According to the first sources, Jio plans to begin service in Bangalore and Chennai and then go to Delhi and Mumbai. "Southern India is a better place to begin. With a " gemischte Marktstrategie " (mixed marketing strategy), the enterprise will address not only large towns but also smaller towns such as Bhopal and Jaipur.

Reliance' Jio Cabs will have an "Uber like" application and is already underway. According to the sources, the enterprise is still researching the driver fare system. Reliance's entrance into the telecommunications markets with free calls and free dates in India had a significant effect on the viability and share price of competing telecommunications providers.

At the same time, it is pushing forward a surge of consolidations in the markets. According to a February 2016 RedSeer survey, taxi operators made nearly 500 million trips in 2016, up from 130 million in 2015. Some, such as the SoftBank Group finance company, have forecast that the India taxi aggregate markets will reach $7 billion by 2020 - a level currently dominating the domestic Ola and world competitor Uber.

Reliance Jio Cabs is being introduced at a point in Ola and Uber's life when their riders are facing regulation obstacles and protest in various parts of the state. History refreshed with the reply of a Reliance spokesman on Twitter.