Uber's recently released India Economic Impact Report, prepared by consultancy firm Public First, reveals that the company is expected to contribute around Rs 36,000 crore to India's economy by 2024.

The report emphasizes the positive impact of Uber's Moto and Uber Auto services on commuter convenience and economic growth by connecting individuals to job opportunities.

The economic impact assessment takes into account various factors, including drivers' earnings from the Uber platform, the indirect and induced effects of driver spending on vehicle-related expenses, and the additional expenditures by riders in local businesses facilitated by improved transportation options.

Insights from a survey conducted by Public First, which involved 1,167 Uber drivers, highlight the average spending of drivers on vehicle purchases, insurance, cleaning, and maintenance, further demonstrating the broader economic contributions of the ride-hailing service.