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Ola inks MoU with Haryana govt to create 10,000 entrepreneurs in state

Internet Desk Chennai | Updated on January 20, 2018 Published on June 28, 2016

Proposes Rs 350-cr investment over five years for mobility solutions

Ola, the mobile transportation app, has signed a memorandum of understanding (MoU) with the Haryana government to create over 10,000 entrepreneurs in the state.

As part of the MoU, Ola will invest Rs 350 crore over the next five years to train men and women for entrepreneurship. Ola will also work with the state government to introduce mobility solutions such as Ola Auto, Ola Bike, Ola Share and Ola Shuttle across the state.

“Haryana is developing at a rapid pace. Our government recently introduced the ‘enterprise promotion policy’ for ease of doing business here. Ola’s commitment to building mobility for citizens by using cutting-edge mobile technology and by enabling entrepreneurship and skilling will be invaluable for the state’s growth. We are confident that our partnership with Ola will further accelerate the government’s efforts of pumping the economic development of the state with a focus on skilling and creating entrepreneurial opportunities for men and women across the state,” Sudhir Rajpal, Managing Director, HSIIDC said.

Haryana is banking on technology and skill development amongst the youth for further development in the region.

“We are proud to partner with the Government of Haryana to create more than 10,000 entrepreneurship opportunities across the state. To this end, we are planning to invest over Rs 350 crore in Haryana over the next five years. We will work with the government to train and provide the right skill set to thousands of men and women across Haryana and help them take their first step towards entrepreneurship,” Pranay Jivrajka, Chief Operating Officer at Ola said.

He further added, “We will also improve access to mobility in cities across the state by bringing on-board innovative transportation use cases such as Ola Auto, Ola Share, Ola Shuttle, Ola Bike and many more, to complement the existing urban transportation system in Haryana.”

Published on June 28, 2016
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