The Exchange of Notes for the implementation of the project in Bengaluru was signed between Ambassador of Japan to India, Kenji Hiramatsu, and Joint Secretary, Department of Economic Affairs, Ministry of Finance, S Selvakumar, today.
The project for implementation of Advanced Traffic Information and Management System in Bengaluru, includes, signalling system and traffic congestion length measurement sensor in the city.
The grant, amounting to 1.276 billion yen, approximately Rs 72.86 crore, for the project is expected to contribute to strengthening connectivity and industrial competitiveness of the local economy by improving traffic congestion and urban environment, the embassy said in a statement.
In addition, this new system in Bengaluru city will utilise the advanced technology provided by Japan, the statement added.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
