Despite rumours that it is seeking to transfer control of its India operations, Uber, a US-based ride-hailing company,

has no plans to withdraw or restructure its India mobility business, according to Prabhjeet Singh, president of India and South Asia. edited snippets from a conversation

The food delivery segment of Uber's business is more significant globally than the transportation segment. You have absolutely nothing to offer in that Indian market.

 Add to that the fact that your market's average ticket sizes are still far lower than those in the US and UK. What plan do you have to strengthen the India business?

Only 0.5% of the population in India uses ride-hailing services, making it a relatively vast and underserved market. We will continue to construct for many decades since we are dedicated to our success in this area.

We intend to be competitive over the long haul. We were solely in the car-hailing industry for a sizable portion of our existence in the Indian market, which limited the market we could service.

 In India, not everyone uses air-conditioned vehicles to go around. Since buses, three-wheelers, and two-wheelers are actually the most common modes of transportation in India,

We have begun branching out into these sectors. We expand the addressable market to a much bigger percentage of the population by lowering the price through these categories.

 We can thus see that it truly is a sound plan. We desire to serve more of India. We are also growing into new cities now that our product selection is more broad.

 I don't see how the decline in delivery business will have any impact on our mobility business. Within the mobility segments, we have a razor-sharp strategy.

 We have several pricing ranges, ranging from $1 to $20. On each of them, we are developing a pricing ladder with the goal of developing profitable, long-lasting enterprises.