Friday, Apr 26 2024 | Time 09:00 Hrs(IST)
image
Business EconomyPosted at: Mar 18 2019 8:41PM


Ola inks MoU with Telangana govt in smart traffic solutions

Hyderabad, Mar 18 (UNI) Ola, one of the world’s largest ride-hailing platforms, on Monday signed a Memorandum of Understanding (MoU) with the Government of Telangana, to support their efforts towards strengthening the traffic infrastructure in Hyderabad city.

Under the partnership, Ola share intelligent insights that enable the Government to implement smart solutions to enhance the mobility experience in the city, Ola said in a statement here.

The MoU was signed in the presence of Telangana government Principal Secretary (IT and Industries) Jayesh Ranjan, of Telangana, this would marks a milestone in Ola’s efforts towards harnessing mobility data and creating tools to support transport related governance.

"The strategic partnership between the Government of Telangana and Ola will simplify traffic, transport management and will aid transport authorities to plan projects more seamlessly," said Jayesh on the occasion.

The first pilot project proposed to be implemented under this MoU is the dynamic mapping of riding quality of various major roads in Hyderabad through the network of vehicles operating on the Ola platform.

This data will be provided to respective state government departments, who monitor road conditions and maintain the overall quality of roads in the city.

The intended outcome of this pilot is to reduce accidents due to potholes, monitor the quality of road construction, and prioritise road repair budget. Under this partnership, Ola will work with the government to build innovative solutions for the city.

Speaking about the partnership, Sandeep Upadhyay, Regional Head, at Ola said, Over the past 6 years, Ola has gathered valuable data collected by cars, autos and two-wheelers that have clocked millions of kilometres on the Ola platform in the city of Hyderabad.

Our partnership with Telangana government is a step towards using these learning for the public good, and we are confident that our efforts will complement the various initiatives already launched by the government to improve the city's traffic infrastructure, said Sandeep.

The Telangana Government is already at the forefront of the adoption of technology for traffic management such as intelligent traffic system, automated traffic challans and this partnership will further accelerate the efforts towards building a smart Hyderabad.

This partnership will act as a model for other metropolitan cities to use mobility data and technology for public good.
UNI KNR RSU 2041
Please log in to get detailed story.
Tags: #Ola inks MoU with Telangana govt in smart traffic solutions
More News

Arun Alagappan appointed as Executive Chairman of Coromandel International

25 Apr 2024 | 7:41 PM

Hyderabad, April 25 (UNI) Arun Alagappan has been appointed as Executive Chairman of Coromandel International Limited (CIL).

see more..

Tech Mahindra net at Rs 661 crore in Q4; Company gives dividend of Rs 28 per share

25 Apr 2024 | 7:28 PM

New Delhi, April 25 (UNI) Mahindra Group company Tech Mahindra, a technology consulting and digital solutions provider, on Thursday reported about 41 per cent decline in net profit at Rs 661 crore year-on-year basis for the fourth quarter ended March 31, 2024.

see more..

Kottayam-Kochi Rubber Market Rates

25 Apr 2024 | 7:26 PM

Kottayam, April 25 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal.

see more..
Indusind Bank net up 15 pc in Q4

Indusind Bank net up 15 pc in Q4

25 Apr 2024 | 7:10 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported a 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023–24, compared to Rs 2,043 crore in the same quarter in 2022–23.

see more..

25 Apr 2024 | 6:53 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023-24 compared to Rs 2,043 crore in the same quarter in 2022-23.

see more..
image