Indian bus industry, since independence, has been organized along a mixed pattern of public and private sector ownership. The industry is dominated by publicly owned State Transport Undertakings (STUs) since private sector is highly fragmented. Despite their vital role, STUs in India have not been able to keep pace with the very rapid and substantial increases in demand of the past few years. Their service quality in particular has deteriorated, and their market share has been further reduced as passengers have turned to personalized transport and intermediate public transport....
Indian bus industry, since independence, has been organized along a mixed pattern of public and private sector ownership. The industry is dominated ...
