Uber, Ola hikes cab fares in major cities as fuel prices rise

“We listen to feedback from drivers and understand that the current rise in fuel prices is causing concern. To help cushion drivers from the impact of spike in fuel prices, Uber has raised trip fares in cities such as Delhi-NCR and Kolkata by 12% and in Mumbai and Hyderabad by 15%, respectively,” Nitish Bhushan, head of central operations, Uber India and South Asia, told ET.

“Over the coming weeks, we will continue to track fuel price movements and will take further steps as needed,” he added.

A source aware of the matter said the fare price hike is limited to the car categories and that auto rickshaw fares have not been revised since these are dictated by states independently.

Rival Ola did not respond to ET’s queries on fare price hikes.

Ola has also increased fare rates in major cities.

Discover the stories of your interest

ET has reviewed a copy of an email sent by the company to drivers in Hyderabad, according to which fares have been hiked by 16% for its “mini” and “prime” cabs.

The hike in rates comes days after Ola and Uber cab drivers went on strike in the national capital demanding an increase in fares.

The price of petrol has hit Rs 120.51 per litre in Mumbai, while diesel prices have hit Rs 104 per litre. In Delhi, petrol costs Rs 105 while diesel prices stood at Rs 96 as of April 12. In Kolkata, petrol costs Rs 115.12 while diesel is priced at Rs 99.83 per litre.