A new policy in the making for Indian-foreign companies

The National Institution for Transforming India (NITI Aayog) and the International Road Federation, Geneva (IRF Geneva) have signed a Statement of Intent (SoI) to cooperate in the field of Intelligent Transportation Systems (ITS).

The objective of the SoI is to create a national platform, involving all relevant Government of India stakeholders, Indian and foreign companies active in the sector, and relevant technical experts for the purpose of developing a National ITS Policy covering:
1) Traffic Management,
2) Parking Management,
3) Electronic Enforcement of Traffic Rules and Regulations,
4) Fleet Management and Monitoring,
5) Innovation in the field of ITS, and
6) Education in the field of ITS.

The national ITS Policy will contribute to reducing urban traffic congestion, improving the situation around parking of vehicles in cities, improving road safety, and improving the security of passenger and goods traffic.

The work of this National Platform will provide a coherent and consistent National ITS Policy covering domains such as traffic and parking management, enforcement, and security, said a release by the Public Information Bureau.

The SoI was signed 22 September 2017. fii-news.com