India’s largest taxi hailing service Ola cabs has signed a memorandum of understanding (MoU) with the government of Andhra Pradesh to bring support to over 50,000 vehicles in the state within the next three years. Ola will be investing over Rs 150 crore towards skilling, opportunity creation and technology deployment across the state.
“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. We are confident that this tie-up will benefit the entire transportation ecosystem in the state,” Andhra chief minister N Chandrababu Naidu said.