Ola signs MoU with Haryana govt. to create 10,000 entrepreneurs

Taxi aggregator Ola has signed a Memorandum of Understanding (MoU) with the Government of Haryana to create over 10,000 entrepreneurs in the state.

Mobile technology platform ensuring convenient, transparent and quick service fulfillment aims to invest Rs. 350 crore over the next five years to skill and train thousands of men and women and help them take their first step towards entrepreneurship.

Ola will also work with the state government to introduce innovative and customized mobility solutions like Ola Auto, Ola Bike, Ola Share and Ola Shuttle across the state. Ola will further build for local mobility needs using its technology to serve citizens across Haryana, giving them instant access to reliable and convenient mobility.

"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," said Managing Director HSIIDC, Sudhir Rajpal.

"We are confident that our partnership with Ola will further accelerate government's efforts of pumping the economic development of the state with a focus on skilling and creating entrepreneurial opportunities for tens of thousands of men and women across the state," added Sudhir Rajpal.

Haryana is banking on technology and skill development amongst the youth for further development in the region. It is through focused training and skilling initiatives with the involvement of the Government and private enterprises like Ola, that men and women in the state can realize their entrepreneurial dreams.

Once trained, these individuals stand to benefit from Ola's technology platform. Driver partners working with Ola across India have seen their incomes grow by as much as 40 percent. In fact, more than 70 percent of the drivers associated with Ola are entrepreneurs themselves.

"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," said Chief Operating Officer at Ola, Pranay Jivrajka.

"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." Added Pranay.

He also said that the company aims to improve access to mobility in cities across the state by bringing on-board innovative transportation use cases like Ola Auto, Ola Share, Ola Shuttle, Ola Bike and many more, to complement the existing urban transportation system in Haryana.

Ola is currently present in five cities in Haryana including Gurgaon, Faridabad, Panchkula, Kurukshetra and Ambala and plans to expand its services in the region further.