Trends of Car Rental Business in India

The first car rental business was started in 1912 in the Federal Republic of Germany by the name of Sixt that continues to be one of the most important car rental service providers in the world. The essential need to supply personal transportation to native & visiting businessmen so they’ll move around in comfort and privacy for his or her business visits is important for any PAN India car rental services provider.
Companies like Rego – mobility simplified, were already in a leader in their potential segment.
The most important aspect for any car rental service provider is to bar with the market competencies is with respect to services that need to be proficient and eminent.

The marketplace for corporate car rental services is growing chop-chop in the Asian nation, thanks to several factors like the straight forward handiness of cars while not the hassles of owning one. Analytics report by Statista of the Indian rental business, the revenue generated from the rental business was over US$ 250 million in 2018 and is anticipated to grow at a rate of US$ 570 million in 2023. The number of users for corporate cab services in Bangalore was twelve million in 2018 which is anticipated to grow to over sixteen million by 2023.  Also, the user penetration rate was simply 8% in 2017 that shows that there’s a great deal of potential for all the players within the business to grow. A huge population continues to be oblivious to the concept of dealing cars for car rental purpose and that’s wherever these corporations will jump in to make awareness among the individuals for this idea and therefore can chop-chop expand their user base. If all the numbers and projections are to be reckoned with then the rental area is definitely the place to be for the investors and new businesses.

REGO India – On-Demand Corporate Mobility Services

REGO is a one-stop solution for your Corporate mobility needs. Our PAN India network spanning across more than 110 cities, backed by a select team of trained chauffeurs and a fleet of super-efficient vehicles, gives us a distinct advantage.

Our benefits also include flat, predictable pricing, easy online booking, 24/7 customer service support, and sound corporate travel policy tools under our dedicated Corporate Programs.

Contact us today for your Corporate Mobility needs!

 

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