Just like India's mobile phone revolution, which leapfrogged past landlines and laptops, transport has a chance to jump to a shared-service model in the country, says Vivekananda HR, CEO of the bike-rental startup
This is part 3 of a series on the future of mobility in a post-Covid-19 world. Read Part 2 here
As economic activity starts again, and people’s need to commute returns, the role of self-driven shared mobility startups will be vital—they will account for affordability, efficiency, safety and low-traffic footprint, says Vivekananda HR, co-founder and CEO of bike-rental startup Bounce. Edited excerpts from an interview with Forbes India:
Q. What will transportation look like in the post-Covid-19 world in India, in the medium and long term?
The world has been well on its way to a transport system that is hybrid (part public and part shared), electric and data-driven. Covid-19 has only increased accelerated this transformation. There is a strong reason to believe that owned-vehicle commute will dwindle within the foreseeable future; at the same time, the very definition of ownership will transform as intra-city mobility will evolve as a service.
From an India point of view, there is a distinct possibility that we will be ahead of the global curve in this transformation, as currently, only 18 percent of Indians own any form of internal combustion vehicles—burning petrol or diesel. However, we will need greater focus on a holistic commuter system that can cater to different geographies and regions as per local needs.
We will also have to factor in affordability. Covid-19 will nudge people away from public transport to seek newer ways to commute—such as shared mobility in the form of long-term rental, part ownership and leased vehicle. This might push our policymakers to remodel public transport to factor in the need for hygiene, safety and social distancing.