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Growth in auto rickshaws - an opportunity!
Thanks to consistent and growing ban of manual rickshaw, we are seeing an unprecedented increase in the number of rickshaws on road.
Cities like Mumbai have total ban of manual rickshaw and as per Municipal corporations of other cities like Delhi, they are fast moving towards complete ban as well.
Another factor resulting into increase is lesser cost of these rickshaw and easier availability of loans. There are more than 50 cooperative banks in Mumbai alone offering easy loan.