Tie-ups with cab aggregators also allows business groups like Mahindra and Tata to sell services and products from adjacent businesses such as finance, insurance, services, and spare parts. Photo: BloombergMumbai: Way back in September 2015, the question on how Mahindra group could capitalize on the Indian cab-aggregator market made Anand Mahindra, chairman of Mahindra Group, slip into a rather rhetorical mood. For carmakers, “The age of access” has brought in its wake some uncertainty,” said Mahindra, expressing his views on the burgeoning app-based taxi market. It’s been a year since Mahindra made the remark and over the past months, a lot has changed. The access, Mahindra alluded to, has only improved and Mahindra cannot ignore the segment anymore.

Source: Mint September 08, 2016 07:07 UTC