Drivers to become owners of vehicles after four years with Rs. 20,000 investment
Drivers to get 45 per cent of revenue and the management 55 per cent
Management to bear costs of insurance, medical support for drivers
HYDERABAD: The State’s first GPS-equipped metered taxi services were launched by Dot Cabs India Private Limited here on Monday. Icing on the cake is that drivers operating these vehicles will become owners after four years under a self-employment scheme with an investment of just Rs. 20,000.
A hundred Toyota Innova cabs equipped with credit card swiping machines, billing machines, air-conditioners besides offering huge luggage space and comfort were launched by ‘Dot Cabs’, a joint transport venture of three car rental firms of the city – Noori Travels, Premier rent-a-cab & Cosy Cabs.
Although the service was launched in connection with the forthcoming commencement of operations at the Shamshabad international airport, the cabs would also be available for commuting within the city limits. Twenty Dot Cabs hubs would pick up passengers and the running of the cabs would be monitored round-the-clock at the central office located in Mehdipatnam.
Three marshal vehicles would keep a constant check on the operation of cabs, Dot Cabs India Private Limited Director (Finance) Rizwan Hyder said. The drivers’ telephone numbers and the central office contact numbers would be provided in the cabs to enable passengers lodge complaints about any inconvenience.Unlike the regular taxis, billing is to be done only after the commuter occupies the cab on point-to-point basis with a minimum fare of Rs. 15 per kilometre.
To make drivers active participants in the service, the Dot Cabs management has decided to share the fare revenues for each day at 45 per cent for the drivers (fuel costs to be borne by the drivers) and 55 per cent for the management.
Insurance and medical support for the drivers and replacement of tyres and tubes would be borne by the management, he said. Dot Cabs aims at launching 500 GPS-equipped cabs by the year-end.