A committee on electronic toll collection headed by Unique Identification Authority of India chairman Nandan Nilekani, which is developing the equipment, has recommended using Radio Frequency Identification technology for the system, Road Transport and Highways Minister Kamal Nath told reporters.
As part of its initiative to grow inorganically, security systems provider Zicom Electronic Security Systems is planning both overseas and domestic acquisitions. Zicom is in discussions to acquire a company in Singapore.
EPC Global, engaged in development of electronic product code and radio frequency identification technology, plans to set up a research and development facility in I
Radio frequency identification service by Bharti, SBI allows cashless buying.
Roads are becoming smarter even if the people driving on it are not. A set of smart technologies is making construction, maintenance, and traffic management much more efficient.