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

Buy Now Discount
Offer

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.

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Purchase Options Discount
Offer

Inquire Before Buying

Speak to an Analyst

Request Brochure

Request Customization

Benefits of Customization

Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1 201971-6302

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.

India Shared Mobility Market Research Report and Industry Forecast