Uber CEO Travis Kalanick, founder and chief executive officer (CEO) of US-based taxi aggregator service Uber, says he's ready to anything to protect his company from protectionist attitudes in India, including applying for a citizenship.
Here on a multi-city tour, he said so in a chat with NITI Aayog CEO Amitabh Kant on Thursday, on ways to get over regulatory hurdles.
“If it is about whether I am personally Indian, I will apply to be a citizen of India if this is what gets us over the hump. At the end of the day, it is about the innovation that is being brought, about how we are serving. Are we bringing efficiency and positive outcomes for our riders? I think we are. At the end of the day, we respect competing with Ola(its India-based rival), and I think we have competed well and fairly and would continue to do so.”
Recently, e-commerce market Flipkart's co-founder, Sachin Bansal, and Ola co-founder Bhavish Aggarwal spoke about capital dumping by foreign companies. They said entities such as Amazon and Uber, with their fat wallets, were doing deep discounting to take over the market. Bansal went on to say they wanted the foreign investments but not the companies. (read more)
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