Bengaluru, Nov. 15 -- Vietnam-based Green SM's proposed entry into Bengaluru's cab service market has run into opposition from private transport associations in Karnataka, with driver unions warning that its low-fare model could threaten the livelihood of thousands of local taxi and autorickshaw operators.

The company, part of Vietnam's Vingroup, has recently secured an aggregator licence from the Karnataka Transport Department under the Karnataka On-demand Transportation Technology Aggregators Rules, 2016. The licence is valid until September 2031. Green SM plans to operate an all-electric cab fleet and is reportedly considering a fare of Rs 8 per kilometre.

The Karnataka State Private Transport Associations Federation has written to C...