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Want to control own destiny in India, one of our top three markets: Uber CEO

Uber chief executive Dara Khosrowshahi has said the taxi-hailing company is committed to investing further in the Indian market while keeping an eye on "eventual profitability". Khosrowshahi told PTI that India is among the top three markets (US and Latin America being the other two) for Uber and it accounts for 10% of all trips globally. "I can tell you that India is a key component of our growth plan. In fact, it is one of our healthiest markets in terms of growth rates. We have over 300,000 active drivers and we currently do over 10 million weekly trips. We think, we can increase that by 5X or 10X over the next 10 years," Khosrowshahi said. While profitability remains a challenge, Uber has invested substantially in India. In 2015, the company announced an investment of $1 billion in the country…

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