Ola, Uber make U-turn on kiosks and parking slots at railway stations

The cab aggregators believe that their return on investment has not been high so far

After spending nearly Rs 100 crore each in setting up parking spots and kiosks at railway stations, Uber and Ola appear to be developing cold feet on expanding this service.

According to sources, both cab aggregators are going slow in acquiring additional parking rights as they believe their return on investment has not been high. Also, cab drivers do not prefer to park their vehicles and wait for customers; instead they believe in staying mobile to find passengers.  

Both Uber and Ola did not comment on a questionnaire sent to them on this issue.

Cab aggregators had already taken up