Nexgen to provide satellite based vehicle-tracking

CHENNAI: Pune-based Nexgen Logistix, an infrastructure technology company

with focus on logistics, has tied up with UK based Satamatics to provide real

time satellite based automated vehicle tracking system for supply chain

management in India.

Nexgen will be using geo-stationary satellites of INMARSAT in the Indian

Ocean region to track vehicles in India. According to the ORG-MARG survey

commissioned by Nexgen in India, about 55 per cent of the corporates were ready

to use satellite based tracking services immediately while 73 per cent of the

transportation companies were willing to invest in it immediately. About 66

percent of the transportation companies acknowledged that they were receiving a

demand for tracking vehicles from the clients.

Nexgen Logistix managing director Faisal Ali, puts the market potential for

real-time track and trace services in India at Rs 200 crore - Rs 250 crore.

"All the fleet tracking and tracing facilities in India are driver

dependent on which neither the corporate or the transportation companies can

rely completely. Using our AVTS, users can logon to our site and track the

vehicles registered with us. It would give a history of the route the vehicle

has taken and can be used to generate vehicle activity reports also. And the

trials have shown that AVTS cuts down the hidden costs by 20-25 percent,"

he added.

In the first year of operations it expects to put 40,000 transceivers on

vehicles and reach 2 lakh at the end of third year of operations. It would be

investing around Rs 60 crore in a phased-manner for building the necessary

infrastructure.