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Mukesh Ambani’s Reliance Is Not Planning To Compete With Ola Or Uber In Taxi Business

Published on 25 February, 2017 at 10:53 pm By

A day after reports claimed that Mukesh Ambani will launch an app-based taxi service, Reliance Industries said it has no such plans.


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REUTERS/Pascal Lauener

On Friday, reports doing the rounds stated that Ambani is already working on the plan and will launch the service by the end of 2017.

FactorDaily had reported that RIL wanted to launch the taxi service after April “but it might take up to six months more depending how the commercial rollout pans out”.

Quoting sources, the report claimed that RIL had ordered 600 cars from Mahindra and Hyundai. It wrote that the app-service will be aligned with Jio and be launched in Delhi and Mumbai.

 

But RIL said on Saturday that it sees no logic in diversifying into unrelated sectors. This is what a senior Reliance official tweeted:

 


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On Friday, this photo started doing the rounds of social media which apparently claimed that Reliance is going for the cab service.

 

Many shared it without realising that the image is a fake.

Speculations that Reliance would be launching a taxi service have been gaining strength following the massive launch of Reliance Jio.

Last week Jio entered into a strategic partnership with Uber. Those who use taxi aggregator’s service can now pay for their rides through Jio’s prepaid wallet.


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