Categories: NewsTechnology

Uber Installs Digital Taxi Meters To Comply With Regulation In India

Uber is one of the most prominent and disruptive companies the ride-sharing industry has seen to date. But despite their initial success, the company is facing a lot of opposition in certain regions. India is one of those areas where the company is forced to go the extra mile. Installing digital taxi meters is just one example of how determined Uber is.

India And Uber Remain an Odd Couple

Ride-sharing platforms are easy to come by India, as many different companies are focusing their attention on this particular industry. Uber is one of those players, yet they are struggling to gain significant ground. The company has been making some changes to taxis, though, by installing a digital taxi meter in the glove compartment. Moreover, drivers have taxi boards in their car, indicating how Uber cabs will look in the future.

It is worth noting Uber provided all of the necessary equipment and even took care of all individual car fittings as well. Albeit these cab drivers had some idle time, the company compensated them for this delay as well. It is clear Uber wants to convince local cab drivers to act as an Uber agent moving forward.

There is a standoff between Uber and regulators in the state of

Related Post
Karnataka. By introducing new types of regulation that require drivers to obtain documentation for themselves and the car, things have taken a turn for the worse. Among these documents are also police verification of the identity and home address, as well as proof of roadworthiness of the vehicle. So far, 150-ish drivers in the region have gone through this painstaking process.

Albeit Uber attempted to apply for the new cab aggregator license in the state, they were denied by government officials. According to their official explanation, the company “did not fully comply with with the requirements”. Now that fare meters and taxi boards have been provided, there should be no further objection to not give the license if Uber were to send in a new application.

In the end, it would be in everybody’s best interest if common sense prevails over stubborn regulator mindsets. Uber seems to be doing everything they can to comply with requirements, yet it remains to be seen whether or not these efforts are in vain. Keeping an open dialogue between the company and regulators seems to be the right way forward.

Source: Tech In Asia

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Cheems Surge On BSC Network: A Rising Star With Growing Market Value

The Cheems token on the Binance Smart Chain (BSC) is gaining significant momentum, surging by…

8 hours ago

Lester Token Crashes 40% Following Official Announcement

The value of $LESTER plummeted by 40% in the past 24 hours, leaving its market…

8 hours ago

From $30K To Millions: The Wild Journey Of $Quant And Xiaohaige’s Memecoin Stunts

In a bizarre turn of events, a young live-streamer known as Xiaohaige created the memecoin…

8 hours ago

Whale “convexcuck.eth” Makes Bold $CVX Move, Nets Significant Profit Amid Price Surge

The crypto whale known as "convexcuck.eth" has made waves in the DeFi world, spending $2…

8 hours ago

$ELIZA Token Launch Marred By Insider Trading Allegations

The launch of $ELIZA, a token introduced by Andreessen Horowitz (a16z) partner @shawmakesmagic, has sparked…

8 hours ago

Cardano’s Rally Highlights Diverging Moves Among Investors

Cardano ($ADA) has been making waves in the crypto market, breaking away from the altcoin…

8 hours ago