Its boom time for RFID in India

Filed in archive Market Size on April 3, 2007

India is a hot destination as of now and the whole world has its eyes set on it. With its economy growing like never before it is offering immense opportunities for everybody so how could RFID stay behind. Slowly and steadily RFID is penetrating India and from defense sector to corporates and even farmers are making use of it. Mahindra & Mahindra, an automobile company in the country was one of the early adopters of RFID and now it has pressed the pedal in full for utilizing it in areas ranging from warehousing to vendor tracking.

Even the government of India is looking for RFID deployment and will be conducting RFID tests for cold chain management. Corporates have been testing RFID in a number of areas such as library management, asset tracking for computers to document management.

With India being an agricultural economy Indian farmers are keeping a track of their cattle using RFID. TCS is also into negotiations for deploying RFID for seven million cattle in the state of Gujarat. The booming retail sector in the country is too eyeing RFID implementation. Realizing the potential of RFID in India Gemini Traze has gone ahead and set up the first RFID plant in the country.

One of the reasons for the adoption of the technology in the country is the falling costs and secondly the semiconductor policy of the government is favoring it. One can now certainly predict boom time for RFID in India.