Felicitated for its innovation that also converts diesel buses into electric
Pune, 20 May, 2016:KPIT Technologies (BSE: 532400; NSE: KPIT), a global technology company, was recognized with the 'Promising Transport Innovation Award' at the International Transport Forum (ITF) 2016 Summit in Leipzig, Germany. It won the award for its technology 'REVOLO' that enables clean urban mobility.
The ITF Promising Transport Innovation Award recognizes innovations that have the potential to significantly improve the quality, performance, user experience, accessibility, sustainability or inter-modality of the transport. It is instituted by ITF, an inter-governmental organization which acts as a think tank for transport policy with 57 member nations.
ITF is administratively integrated entity of the Organization for Economic Co-operation and Development (OECD), a unique forum where the governments of 34 countries with market economies work with each other, as well as with more than 70 non-member economies to promote economic growth, prosperity, and sustainable development.