Deal with Assam Govt sets Ola River Taxi System on Sail | CORPORATE ETHOS

Deal with Assam Govt sets Ola River Taxi System on Sail

By: | February 5, 2018
ola river taxi

Feb 5: Effectively pushing forward with its operations in multi-dimensional domains, Bengaluru-based cab aggregator Ola has joined hands with join hands with the Government of Assam to steer an app-based river taxi system in Guwahati.

The deal was kicked off with the signing of a Memorandum of Understanding  (MoU) between Assam’s Transport and Commerce Minister Chandra Mohan Patowary and Vijay Ghadge, Vice President – Operations, Ola. The MoU was signed at the Global Investors Summit: Advantage Assam.

The Ola ferries will be machine-operated boats shuttling between Lachit Ghat, Machkhowa and  North Guwahati. The new system of transport would bring down the commuting time between these destinations from 45 minutes on road to 2 to 5 minutes on water.

News reports have added that Ola will also turn to advance booking and cashless payments by making them app-based so as to make bookings more in an orderly fashion and a convenient manner.

The Ola river taxi system is aimed to be a faster, safer and a more eco-friendly way of transport, added reports.

Meanwhile, the Summit also saw the inking of yet another MoU, between IIT -Guwahati and Kalam Institute of Health Technology (KIHT). A deal with regard to technology transfer in the domain of medical technologies was inked.

The partnership would enable the research outcomes of the two institutes in the form of prototype, materials, ideation and intellectual property to reach out to the industry, through an e-auction portal set up by KIHT.