The India carsharing market attained a value of USD 95.19 Million in 2025 and is projected to expand at a CAGR of 7.80% through 2035. The rise of millennial and Gen Z preferences for experience over ownership, particularly in Tier I and II cities, is fuelling demand for flexible, app-based carsharing models. Micro-mobility integration with public transport hubs and weekend tourism trends are further driving short-term car rentals. This in turn is pushing the industry to garner a value of USD 201.73 Million by 2035.
Mumbai and Bengaluru face acute parking shortages. As per the market analysis, Mumbai’s one-third of 2.3 million cars and 3.4 million two-wheelers parked illegally on streets in 2024. As metropolitan parking scarcity worsens, young commuters increasingly boost the demand in the India carsharing market. In 2023–24, app-based hourly rentals like Zoomcar and Revv gained momentum in congested micro-markets such as Lower Parel and Koramangala, offering accessible mobility without ownership burdens.
Self-drive and ride-matching services from players such as Zoomcar and Quick Ride have become widely popular among Indian commuters. Integration through technologies like AI mapping solutions and loyalty platforms is increasingly improving the experience and fuelling adoption. In 2023, Zoomcar crossed over 1 million airport trip bookings, confirming strong traction in self-drive mobility at key transit hubs investor-relations.
Backed by high smartphone utilization and digital payment options, fleet providers like Myles have expanded intercity and airport services from Delhi, Bengaluru, and Hyderabad, accelerating the India carsharing market value. Their model includes subscription-based rentals and real-time vehicle tracking, targeting frequent business and leisure travellers. These offerings reduce dependence on ride-hailing, establishing owned-fleet carsharing as a mainstream solution in Tier I urban mobility ecosystem.
A niche trend gaining traction in market is subscription-based EV carsharing, combining flexibility with sustainability. Companies like Revv have launched EV subscription services, offering users monthly plans, inclusive of with insurance and maintenance. This model attracts urban millennials seeking hassle-free, eco-friendly mobility without ownership. Supported by government subsidies under FAME II, EV subscriptions are expected to grow 30% annually, reflecting rising environmental awareness and the demand for convenient, cost-effective electric mobility solutions in India.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
7.8%
Value in USD Million
2026-2035
*this image is indicative*
| India Carsharing Market Report Summary |
Description |
Value |
|
Base Year |
USD Million |
2025 |
|
Historical Period |
USD Million |
2019-2025 |
|
Forecast Period |
USD Million |
2026-2035 |
|
Market Size 2025 |
USD Million |
95.19 |
|
Market Size 2035 |
USD Million |
201.73 |
|
CAGR 2019-2025 |
Percentage |
XX% |
|
CAGR 2026-2035 |
Percentage |
7.80% |
|
CAGR 2026-2035 - Market by Region |
South India |
8.6% |
|
CAGR 2026-2035 - Market by Region |
East India |
8.3% |
|
CAGR 2026-2035 - Market by Booking Type |
Online Booking |
9.6% |
|
CAGR 2026-2035 - Market by Application Type |
Business/Corporate |
8.4% |
|
2025 Market Share by Region |
North India |
26.2% |
The P2P carsharing model is increasingly contributing to the India carsharing market development, due to technological innovation and shifting consumer lifestyles. Platforms that allow people to rent out their vehicles offer cost-effective solutions and increased vehicle utilisation. Zoomcar's Host Program was a prominent example of the growing peer-to-peer carsharing model in India. In May 2024, Zoomcar announced plans to onboard over 20,000 cars by the end of fiscal year 2025 to meet the rising demand for self-drive rentals and create income opportunities for vehicle owners. Through partnerships with Cars24 and ACKO Drive, it offered hosts savings on vehicle purchases and financing, enabling earnings of up to INR 7 lakh per year per car.
Sustainable transport has encouraged the use of EVs in carsharing services. Businesses are investing in EV fleets and infrastructure to comply with environmental standards and consumer preference for eco-friendly alternatives. As per the India carsharing market report, companies like Zoomcar and Revv are expanding EV fleets, driven by lower operating costs, consumer demand for green transport, and government incentives supporting electric mobility infrastructure. The shift does not only decrease carbon footprints but also decreases costs of operation in the long run.
The use of mobile apps, real-time monitoring, and digital payment methods has made carsharing more efficient. These technologies provide users with convenience, transparency, and security, boosting user satisfaction and loyalty and reshaping the India carsharing market dynamics. Companies like Savaari have implemented real-time vehicle tracking and AI-driven fleet management systems, ensuring 95% of their vehicles remain in peak operational condition through preventive maintenance checks every 10,000 kilometres. These technologies have led to an 85% repeat customer rate across multiple cities. Additionally, data analysis helps firms optimize the management of the fleet and anticipate demand patterns.
The Indian government is firmly encouraging shared mobility with policies and incentives. Programmes like the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme support adoption of EVs in shared mobility services. Urban planning policies are also becoming more supportive of shared mobility solutions in an effort to manage traffic congestion and pollution and hence, are considerably impacting the overall India carsharing market value. In June 2025, the Delhi government rolled out a new EV policy to expand its public transportation fleet, flagging off 200 electric buses and pledging to eventually electrify the entire fleet by 2027. The policy also includes plans for fast‑charging stations every 5 km under the DEVI scheme, improved route rationalization for EVs, and broader incentives. These developments significantly enhance shared mobility by supporting electrified, efficient, and sustainable transit solutions for daily commuters.
India's carsharing services are expanding into Tier-2 and Tier-3 cities, propelled by increased smartphone penetration and internet access. As of September 2023, rural areas boasted 375.66 million internet subscribers, with a penetration rate of 41.72%. This digital growth facilitates the adoption of app-based mobility solutions, considerably accelerating growth in the India carsharing market. Moreover, the lack of efficient public transportation in these smaller cities presents a significant opportunity for carsharing platforms to bridge the mobility gap, offering convenient and sustainable transportation alternatives.
The EMR’s report titled “India Carsharing Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Key Insight: In the Indian mobility ecosystem, peer-to-peer (P2P) carsharing is gaining traction because of its asset-light model and cost-effectiveness for both operators and users. Zoomcar and Quick Ride are among the platforms that have capitalised on the growing need for affordable, flexible mobility, allowing private car owners to lease out their vehicles during off-peak times, thereby widening the scope for India carsharing market expansion. This approach minimises firms' need to hold extensive fleets and is popular among a cost-sensitive consumer bases. Moreover, better digital verification, GPS tracking, and mobile app bookings have enhanced user trust and convenience, for which P2P has emerged as the go-to option in urban and semi-urban areas of India.
Market Breakup by Booking Type
Key Insight: Online booking has emerged to be the leading booking type in the India carsharing industry due to the widespread use of smartphones and digital platforms. Mobile apps are utilized by well-known companies such as Ola, Zoomcar, and Uber to provide seamless booking experience, live tracking, and easy payment methods. Online booking is convenient, fast, and it simultaneously enhances the customer experience. On the other hand, offline booking is still restricted, normally found in rural regions where internet penetration is weak.
Market Breakup by Application Type
Key Insight: By application type, business/corporate application dominates the industry with the increasing need for flexible transportation among professionals and businesses. Companies opt for carsharing for environmentally friendly and cost-saving travel solutions, thus stimulating the India carsharing market revenue growth. Leisure use is also on the rise, led by young urban consumers looking for economical means of travel for weekend getaways, holidays, and day excursions. The growing popularity of leisure activities using self-driven cars reinforces this application's growth, particularly in high disposable income and travel culture cities.
Market Breakup by Vehicle Type
Key Insight: Hatchbacks are gaining significance in the market since they are affordable, fuel-efficient, and small, which makes them ideal for intra-city commutes and short journeys. Sedans are favoured by users who desire comfort and a luxury experience for business or recreational travel, accelerating the India carsharing demand forecast. Sports Utility Vehicles (SUVs) are also becoming popular, particularly for families or groups that require more space and better road visibility. Multi-Purpose Vehicles (MPVs) are designed to accommodate bigger groups or families, providing flexibility for group travel or city trips.
Market Breakup by Region
Key Insight: South India dominates the industry, with cities such as Bengaluru, Chennai, and Hyderabad driving demand through tech-savvy populations and high disposable incomes. North India comes in second place, with Delhi and Gurgaon being major ridesharing and car rental hubs, particularly for corporate ones. The Eastern region continues to boast significant carsharing demand in cities such as Kolkata. West India with Mumbai and Pune is exhibiting high demand in response to urbanization, working professionals, and tourism, driving the overall industry.
|
CAGR 2026-2035 - Market by |
Region |
| South India |
8.6% |
| East India |
8.3% |
| West India |
XX% |
| North India |
XX% |
P2P carsharing maximizes asset utilization; free-floating models gain popularity.
Peer-to-Peer (P2P) carsharing is gaining considerable traction in India, with private car owners able to lease out their cars. The model maximises the use of assets and provides affordable means of transportation. Drivezy, a Bengaluru startup, showcases massive India carsharing market opportunities by allowing users to list and rent cars through its platform. By 2024, it had scaled operations in key cities, providing low-cost, flexible mobility solutions and assisting vehicle owners in monetizing unused cars, thus enhancing overall asset efficiency in urban mobility.
Free-floating carsharing, which provides the facility to pick up and drop off vehicles at various points, is gaining ground in Indian cities. The model is convenient and flexible, particularly in high-density urban areas. Firms are funding technology and infrastructure for the development of this model.
Online reservations grow with smartphones, while offline bookings remain common in smaller cities
Online reservation has expanded in the country with growing smartphone penetration and internet access. Mobile apps offer real-time vehicle availability, easy payment methods, and improved user experiences. This trend is likely to continue as digital literacy increases nationwide, thereby bolstering the carsharing market share in India.
Offline bookings are still common despite the online shift, especially in tier-2 and tier-3 cities where internet penetration is poor. Offline processes such as telephone calls and in-person reservations accommodate customers who enjoy human interaction or are not technology-savvy. For carsharing operators, maintaining hybrid channels helps tap into older demographics, regional travellers, and short-term users who may not engage with apps, but represent consistent local demand.
Business clients reduce fleet costs, while leisure travellers enjoy flexible, convenient travel options
Business and corporate clients are increasingly using carsharing services for employee transport, with the goal of lowering fleet management expenses and encouraging sustainable practices. Flexible rental arrangements enable companies to adjust transportation requirements based on demand. For example, Amaze Logistics, recognized as a top corporate employee transport provider, offers flexible, app-based car rentals and shuttle services customized for office commutes, airport transfers, and site visits. Their model allows companies to align transport resources with fluctuating demand, streamline operations, and lower overheads, all while promoting shared mobility and reducing carbon footprints. Such innovations propel the overall India carsharing market growth.
Leisure travellers use carsharing services for convenience and flexibility on trips. The convenience of using cars without the commitment of ownership is attractive to tourists and infrequent drivers. This application of the Indian market is driven by the expansion of domestic tourism and the need for customized travel experiences.
Hatchbacks dominate, while sedans, SUVs, and MPVs serve diverse user needs.
Hatchbacks are the most sought-after vehicle type in the carsharing sector as they are economical, fuel-efficient and easy to handle around city areas. They meet the needs of individuals and small groups looking for affordable means of transport. These vehicles provide a middle-of-the-road benefit in terms of comfort and affordability, and thus appeal to both commercial and recreational users, stimulating further carsharing demand in India.
The growth of SUVs in the Indian industry is fuelled by customer demand for spacious, flexible vehicles. These are ideal for group travel and off-road excursions, providing increased comfort and performance. MPVs are aimed at bigger groups and families and offer plenty of seating and carrying capacity. Carsharing platforms are increasingly incorporating SUVs and MPVs into their fleets to meet demand from intercity travellers, weekend explorers, and large family bookings, especially during holidays and wedding seasons.
Carsharing grows in Delhi, Bengaluru, Hyderabad due to congestion, pollution, tech adoption.
In North India, urban cities such as Delhi are experiencing growing adoption of carsharing services because of traffic jams and pollution issues. Government policies encouraging shared mobility also contribute to market expansion in this region. Additionally, increasing electric vehicle infrastructure and smart parking initiatives across NCR are making shared mobility more viable, attracting B2B collaborations between fleet providers, tech platforms, and municipal transport authorities. Hence, technologically advanced population and a robust startup ecosystem fuel the region's focus on sustainable transportation solutions, accelerating the India carsharing demand growth.
Carsharing services are also progressively penetrating in East India, with major cities such as Kolkata demonstrating significant growth potential. Market dynamics in this region are driven by factors such as infrastructure development and growing urbanization. In November 2024, Yulu expanded into Eastern India by launching its shared electric two‑wheeler service in Kolkata, partnering with local firm Electrie. Initially targeting delivery riders in areas like Ballygunge and Park Street, the franchise model plans to onboard 1,000 users within six months. This launch underscores significant growth potential in East India’s shared mobility sector, driven by metropolitan vehicle density and increased demand for sustainable logistics in high-growth urban areas.
Leading India carsharing market players, including Zoomcar, Ola, and Quick Ride, are shifting focus towards tech integration for improved user experience. Some of their core strategies involve AI-based route optimization, in-app safety, and seamless booking. For example, Zoomcar's real-time trip planning via partnership with Mappls and Ola's customer retention program using Ola Coin are some of the methods by which companies are maintaining customer loyalty and simplifying operations. In addition, India carsharing companies are increasingly introducing electric vehicles (EVs) to meet the nation’s sustainability goals. For example, BluSmart Mobility, India's first all-electric ride-hailing platform, operates in cities like Delhi NCR and Bengaluru, offering zero-emission rides with a fleet that includes models like the Tata Xpres-T EV and MG ZS Electric. As of 2024, BluSmart has completed over 5 million rides and plans to expand its fleet to 10,000 EVs by the end of 2025.
Comuto SA BlaBlaCar provides long-distance carpooling services linking drivers with empty seats to travellers going the same route. Founded in 2006 and based in Paris, France, BlaBlaCar encourages affordable, environmentally friendly travel in Europe, India, and Latin America.
Zoomcar Ltd. is a self-drive automobile rental platform with hourly and subscription-based car-sharing models through a mobile application. Established in 2013, Bengaluru-based Zoomcar operates in 99 cities with 25,000+ vehicles and is driven by affordability and ease of use.
Ola Cabs offers a peer-to-peer carsharing service in addition to ride-hailing, enabling private car owners to share their vehicles on a time-based model. Founded in 2010 and headquartered in Bengaluru, India, Ola is rebranding as Ola Consumer to increase service diversity.
iDisha Info Labs Pvt. Ltd. Quick Ride Platform provides real-time carpooling services for daily office goers through its Quick Ride app. Having been established in 2014 in Bengaluru, India, the company facilitates shared rides for people and corporates alike, offering fuel savings and decongestion.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the report include Uber Technologies, among others.
Download a free sample of the India carsharing market report 2026-2035 to explore trends, growth opportunities, and forecast insights. Discover how innovations like EV integration and AI mapping are transforming mobility. Stay ahead with data-driven insights into the India carsharing market size, segmentation, and competitive landscape. Visit Expert Market Research today to gain your strategic edge.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2025, the India carsharing market reached an approximate value of USD 95.19 Million.
The market is projected to grow at a CAGR of 7.80% between 2026 and 2035.
The key players in the market includes Comuto SA (BlaBlaCar), Zoomcar™ Ltd., Ola Cabs, iDisha Info Labs Pvt. Ltd. (Quick Ride Platform), Uber Technologies Inc., among others.
The online booking type is gaining traction and anticipated to expand with a 9.6% CAGR through 2035.
Some of the key strategies include technological innovations in mobile applications, the inclusion of electric vehicles, increasing service coverage to tier-2 and tier-3 cities, and government incentives for shared mobility.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Booking Type |
|
| Breakup by Application Type |
|
| Breakup by Vehicle Type |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
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