Ola Signs MoU with the Govt of AP; Commits 150cr Investments

BANGALORE: In an effort to encourage smart transportation and create opportunities for tens of thousands of drivers in the state, Ola, India’s leading mobile app for personal transportation today signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh. As per the MoU, Ola will enable technology to bring support to over 50,000 vehicles in the state within the next three years to ensure smart, reliable and safe transportation in the cities. Ola will also work towards the AP Government’s vision of transforming Andhra Pradesh into a smart - tourism hub. Tourists visiting Andhra Pradesh will be able to avail the benefits of Ola’s technology and best in class service to visit some of the most prominent tourist destinations across the State, with a single tap on their smartphones

Honorable Chief Minister of Andhra Pradesh, Shri Nara Chandrababu Naidu shared his thoughts on signing the MoU "Our vision is to create a smart and modern Andhra Pradesh and technology advancement is going to be extremely important to make this possible. Transportation is one of the most important areas where technology can make a big difference. Mobile technology driven transportation apps like Ola can play a major role in creating job opportunities for hundreds of thousands in the state as well as in providing timely and efficient transportation for all. We are confident that this tie up will benefit the entire transportation ecosystem in the state."

Pranay Jivrajka, Chief Operating Officer at Ola said, “We are proud to partner with the Andhra Pradesh government to provide reliable, safe and smart on-demand transportation options to commuters across the state. As the government works toward transforming AP into a tourist hub, Ola will use its expertise to provide technology for more than 50,000 vehicles across the state ensuring a convenient and safe experience for users. Ola will be investing over INR 150 cr towards skilling, opportunity creation and technology deployment across the state.”

“The State of Andhra Pradesh has displayed extraordinary vision by leading the way forward in forging public-private partnerships to ensure economic growth. We are proud to join hands with them as we look forward to solving the problem of mobility for a billion Indians”, Pranay added.

The company's proposed investment of INR 150 cr in a bid to encourage driver entrepreneurship and to create employment opportunities in the state. Currently Ola has over 10,000 vehicles on its platform in the state and it plans to increase this number to 50,000 in the next 3 years. The company will also be rolling out an extensive skill development program for drivers and will be providing free skill development training to drivers during this time.

Ola redefined mobility in Andhra Pradesh by being the first ever on-demand cab booking app to be launched in the state in 2014. Today, Ola has become an intrinsic component of the personal transportation space in the state with its presence across 5 major cities in the state that include Vijayawada, Visakhapatnam, Guntur, Rajahmundry, Tirupati. 
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