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Ola Cabs has partnered Andhra Pradesh government to invest Rs 150 crore and add 40,000 vehicles to its platform over the next three years. At present Ola has over 10,000 vehicles on its platform in the State.
As per the Memorandum of Understanding (MoU), Ola will enable technology to bring support to ensure smart, reliable and safe transportation in the cities.
"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," Chief Minister N Chandrababu Naidu said.
Mobile technology-driven transportation apps like Ola can play a major role in creating job opportunities for thousands of people in the state as well as provide timely and efficient transportation for all, he added.
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