Name: India Shared Mobility Market Size, Share, Growth and Industry Report
Creator: IMARC Group
License: https://www.imarcgroup.com/privacy-policy
Keywords: India Shared Mobility Market

India Shared Mobility Market Size, Share, Trends and Forecast by Service Model, Channel, Vehicle, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A30076

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India Shared Mobility Market Overview:

The India shared mobility market size reached USD 102.56 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 184.31 Billion by 2033, exhibiting a growth rate (CAGR) of 6.73% during 2025-2033. The rising urbanization, increasing smartphone penetration, government support for sustainable transport, high fuel costs, growing environmental awareness, improved digital payment systems, expanding ride-hailing and car-sharing services, and demand for cost-effective, convenient, and flexible transportation solutions are the factors propelling the growth of the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 102.56 Billion
Market Forecast in 2033	USD 184.31 Billion
Market Growth Rate 2025-2033	6.73%

India Shared Mobility Market Trends:

Expansion of Shared Electric Mobility

The shared electric mobility sector is rapidly growing as companies expand their services to emerging urban centers. With a focus on hyperlocal deliveries and last-mile connectivity, electric vehicle-based mobility solutions are gaining traction in densely populated regions. Strategic expansions align with state EV policies, encouraging wider adoption of sustainable transportation. The shift towards franchise-based models is further accelerating deployment, allowing faster scalability across multiple cities. Increasing demand for cost-effective and eco-friendly transportation options is driving investment in electric two-wheelers and fleet operations. As urban infrastructure adapts to accommodate electric mobility, more regions are integrating these solutions into their public and commercial transport networks. The expansion of shared EV services is set to enhance accessibility, efficiency, and sustainability in urban mobility. For example, in September 2024, Yulu, a shared electric vehicle (EV) mobility company, launched its services in Noida, focusing on hyperlocal deliveries. This expansion strengthens Yulu's presence in the Delhi-NCR region and aligns with Uttar Pradesh's EV policy. The company plans to further extend its services to cities like Lucknow, Varanasi, and Agra through its franchise model.

India Shared Mobility Market Size

Government Push for Electric Mobility Adoption

India is accelerating electric vehicle adoption through targeted policy initiatives supporting sustainable transportation. Financial incentives and structured programs are encouraging the transition from conventional fuel-based mobility to electric alternatives, particularly in the two-wheeler and three-wheeler segments. Short-term, high-impact funding strategies are driving large-scale deployment of EVs, enhancing accessibility for urban commuters and commercial fleet operators. By strengthening domestic manufacturing capabilities and fostering industry growth, these initiatives are reducing dependency on fossil fuels while supporting clean energy goals. State-backed efforts are also improving EV infrastructure, ensuring wider adoption across key mobility sectors. As government-backed programs continue to support electrification, the focus remains on affordability, efficiency, and long-term sustainability, shaping the future of urban and shared transportation. For instance, in March 2024, India's Ministry of Heavy Industries launched the Electric Mobility Promotion Scheme 2024 (EMPS 2024) with an INR 500 Crore budget, effective from April 1 to July 31, 2024. The scheme aimed to support 3,72,215 electric vehicles, including 3,33,387 two-wheelers and 38,828 three-wheelers, promoting green mobility and boosting the electric vehicle manufacturing ecosystem in the country.

India Shared Mobility Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on Service Model, Channel, and Vehicle.

Service Model Insights:

Ride-Hailing
Bike Sharing
Ride Sharing
Car Sharing
Others

The report has provided a detailed breakup and analysis of the market based on the service model. This includes ride-hailing, bike sharing, ride sharing, car sharing, and others.

Channel Insights:

Online
Offline

A detailed breakup and analysis of the market based on the channel have also been provided in the report. This includes online and offline.

Vehicle Insights:

Cars
Two-Wheelers
Others

A detailed breakup and analysis of the market based on the vehicle have also been provided in the report. This includes cars, two-wheelers, and others.

Regional Insights:

North India
South India
East India
West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Shared Mobility Market News:

In February 2025, EKA Mobility and KPIT Technologies signed a memorandum of understanding (MoU) to co-develop advanced electric powertrain components, including traction motors, controllers, vehicle control units, and battery management systems. This collaboration aims to enhance efficiency, performance, and sustainability in India's electric commercial vehicle sector, supporting the growth of shared mobility solutions.
In August 2024, Gentari Green Mobility India launched the Gentari Go app, an integrated platform providing access to over 1,500 electric vehicle chargers nationwide. Collaborating with partners like Numocity, Statiq, and ChargeZone, the app supports India's sustainable transportation goals by facilitating EV adoption and enhancing the shared mobility market.

India Shared Mobility Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Service Model Channel Vehicle Region
Service Models Covered	Ride-Hailing, Bike Sharing, Ride Sharing, Car Sharing, Others
Channels Covered	Online, Offline
Vehicles Covered	Cars, Two-Wheelers, Others
Regions Covered	North India, South India, East India, West India
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the India shared mobility market performed so far and how will it perform in the coming years?
What is the breakup of the India shared mobility market on the basis of service model?
What is the breakup of the India shared mobility market on the basis of channel?
What is the breakup of the India shared mobility market on the basis of vehicle?
What are the various stages in the value chain of the India shared mobility market?
What are the key driving factors and challenges in the India shared mobility market?
What is the structure of the India shared mobility market and who are the key players?
What is the degree of competition in the India shared mobility market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India shared mobility market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the India shared mobility market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India shared mobility industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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India Shared Mobility Market Research Report and Industry Forecast