India, Feb. 15 -- Get ready to hail a two-wheeled ride - 1 lakh bike taxis are about to shake up travel in the Mumbai Metropolitan Region (MMR). The proposal, which includes both fuel-powered motorcycles and scooters as well as electric scooters, extends to the entire state and is expected to get the green light from the state cabinet later this month. And the best part? In MMR, a ride is likely to cost just 60% of what you'd pay for an autorickshaw or taxi, according to transport department sources, who added that these bike taxis will be available only via ride-hailing apps.

The central government gave bike taxis the nod two years ago, leaving it to the states to frame rules to regulate the service. In Maharashtra, former chief ministe...