It is now billion dollar revenue industry
GN Bureau | September 24, 2015
India's market for smart cards is in the range of $1 billion in revenues, a rise of 42 percent from 2011. This is one good reason to look at the products being displayed at ssmartcards Expo in New Delhi.
SmartCards Expo 2015, the 17th edition is being organized along with e-Security Expo 2015, RFidIndia Expo 2015, BiometricsIndia Expo 2015, e-PaymentsIndia Expo 2015 and India Mobile Forum 2015 at Hall-12-A, Pragati Maidan, New Delhi, on September 22, 23, 24.
About 125 companies from 25 countries are participating in SmartCards Expo 2015 and its co-located events. As in the past, this year also Business France India, Consulate General of France in Mumbai, is organising a French pavillion. The smart card exhibition is topmost in Asia and no. 2 in the world.
India has seen a promising growth in all these technologies applications during the past few years. Smart card applications, in conjunction with mobile communications, biometrics, RFID and Payments technologies, are being implemented by the central and state governments for several socio-economic projects worth trillion of rupees, for diversified socio-economic segments.
According to Research and Markets, RFID market in India will grow at the CAGR of around 25% during 2013-2018. In its report, "India RFID Market Forecast & Opportunities, 2018" it says, in India, the usage of RFID technology is increasing prominently across various industries such as retail, healthcare, automotive, supply chain and public Transit which is opening up opportunities for the industry players.
Mahindra and Mahindra is one of the first few companies to implement the usage of RFID in India. They are using RFID for warehousing, vendor tracking, and vehicle tracking. RFID technology has also forayed in the India dairy sector. Chitale, one of the prominent dairy producers in Pune has deployed the RFID chips in cattle management for the collection of feeding data, breeding data and also to keep a record of the animals.
Union home ministry has decided to use RFID technology for recruiting thousands of men and women in the ranks of constables, sub-inspectors and inspectors in the five large central armed police forces - CRPF, BSF, CISF, ITBP and SSB in the coming years. The ministry of transport and highways is already using RFID technology for tolling and ticketing.
Yield gaps in wheat production in India can be countered with an earlier sowing date, says a University of Michigan researcher. Using a new way to measure wheat yields, Meha Jain, assistant professor at the U-M School for Environment and Sustainability, found that the wheat yie
Kharpariya village, about 50 km from the headquarters town of Madhya Pradesh’s Mandla district, is like many villages in the region, home to the Baiga, deemed a particularly vulnerable tribal group (PVTG) for whom permanent contraception methods are banned to prevent extinction. However, care for p
Somabhai Modi says he remembers only one occasion when he offered his younger brother prime minister Narendra Modi advice regarding work. This, he says, was when Modi was chief minister of Gujarat. After one of his weekly grievance redressal sessions, the then chief minister had enquired after the well-b
Should ration cards not linked to Aadhaar be rendered ineligible?
INS Kiltan, the third anti-submarine warfare (ASW) stealth corvette built under project 28 (Kamorta class), was commissioned into the Indian Navy by defence minister Nirmala Sitharaman at the naval dockyard in Visakhapatnam. The anti-submarine warfare stealth corvet
Maharatna enterprise, Steel Authority of India Ltd. (SAIL) has supplied defence grade micro-alloyed grade of steel (DMR 249A) steel plates for the indigenously built anti-submarine warfare (ASW) stealth corvette INS-Kiltan commissioned into Indian Navy. SAIL’s integ