According to JetSetGo founder Kanika Tekriwal, India is building the infrastructure needed for flying taxis, whose prices are expected to be on par with Uber.
Tekriwal highlighted the importance of affordability in the success of flying taxis and personal flying cars and estimated that the cost of ownership would range from $200,000 to $300,000.
Will India get flying taxis soon?
He pointed out that, much like the historic transition from luxury cars for the rich to becoming widely affordable, personal air mobility will likely become more accessible.
according to His“We are creating the infrastructure to operate flying taxis in India…About 40 to 50 years ago, only the rich or 1 per cent of the world could afford a car. Now, about 40 percent of the world’s people can buy a car. This is also the future of flying cars. Personal air mobility is going to dominate.”
By reducing a 45-minute drive to a 5-minute flight, the eVTOL (electric vertical take-off and landing vehicle) technology under development aims to make commuting faster and simpler.
He said, “The eVTOL we are working on now will cost the same as Uber gives you from home to office. “And owning them will probably cost $200,000-$300,000.”
According to Tekriwal, cities like Dubai could soon see the introduction of flying cars and taxis in the airspace off Sheikh Zayed Road.
Due to the relative lack of disruption, the aviation industry is considered an important frontier for innovation.
Noting that governments have historically required billions of dollars for infrastructure such as airports, he emphasized the capital-intensive nature of aviation. However, new technologies are driving costs down, such as smaller aircraft that only require 500-metre runways.
In India, where airlines currently serve only 160 of the country’s 1,000 cities, such developments could significantly improve connectivity and allow planes to operate from parking lots or other small areas, Tekriwal said. Can.
Success of personal air mobility depends on market size and scalability
Tekriwal believes that over the next four to five years, the success of personal air mobility will depend more on market size and scalability than exclusivity.
The panel discussion on “Icons to Unicorns” featured additional speakers, including Pankaj Mundra, Past President of ICAI Dubai Chapter; Munaf Kapadia, co-founder of The Bohri Kitchen; and Tarun Vig, co-founder of Inefu Labs.
Dr. R. Vaidyanathan and Mr. Venkatesh delivered the keynote address at the 42nd Annual International Conference of the Institute of Chartered Accountants (ICAI) – Dubai Chapter, which also included a discussion.
Expressing both excitement and trepidation about the revolutionary impact of flying taxis, Tekriwal predicted huge changes in horizons and lifestyles in the near future.
