Radio Frequency Identification ( RFID ) |
India dairy sector . “ Chitale ”, one of the |
technology has been developed as an |
prominent dairy producers in Pune has |
alternative to Barcode technology for |
deployed the RFID chips in cattle for the |
tracking products and humans which |
collection of feeding data , breeding data |
can scan items from a distance of up to |
and also to keep a record of the animals . |
20 feet . RFID technology is capable to |
According to “ India RFID Market |
overcome all the shortcomings of |
Forecast & Opportunities , 2018 ”, the |
barcode technology such as data |
RFID market in India is forecasted to |
inaccuracy , line of sight issues and |
grow at the CAGR of around 25 % during |
excess time consumption . In addition , |
2013-2018 . In India , the usage of RFID |
RFID readers can scan several items |
technology is increasing prominently |
simultaneously which makes the process |
across various industries such as retail , |
much faster . Mahindra and Mahindra is |
healthcare , automotive , supply chain |
one of the first few companies to |
and public Transit which is opening up |
implement the usage of RFID in India . |
opportunities for the industry players . In |
They are using RFID for warehousing , |
India , the usage of RFID is quite high in |
vendor tracking , and vehicle tracking . |
retail industry and supply as it is widely |
RFID technology has also forayed in the |
used for keeping track of products . |
Increasing demand for supply chain |
in the regions where industrial and |
management , growing organized retail |
manufacturing development are more |
market and increasing government |
prominent . Maharashtra and Gujarat in |
projects are driving the growth of RFID |
western region , Andhra Pradesh , |
Industry in India . Radio Frequency |
Karnataka and Tamil Nadu in Southern |
Identification ( RFID ) is an automatic |
region are the markets accounting for |
identification process that provides a |
high usage of RFID in India . The main |
unique identification to objects . The |
companies operating in the Indian RFID |
rapidly increasing industrialization and |
market include InfoTech Software and |
commercialization is invigorating the |
Systems , Gyaan Tech , Motorola |
companies to invest in RFID to enhance |
Solutions and NEC Corporation . |
their supply chain processes as it |
“ The growth of organized retail , |
enables scanning of multiple items at |
automotive , health care and public |
once and line of sight advantages . The |
transit are expected to contribute |
major factors driving the market for RFID |
significantly to the demand for RFID in |
include increased usage in the large |
India . In addition , the RFID technology is |
scale government projects such as |
also expected to be deployed in new |
“ Aadhaar ” – unique identification |
emerging applications such as animal |
program , metro rail and retail industry in |
tracking , libraries , and precious |
India . |
ornaments etc . The growth of companies |
According to a recently published report |
operating in these sectors along with the |
by TechSci Research ‘ India RFID Market |
foray of multinational companies in the |
Forecast and Opportunities , 2018 ’, the |
market would add to the growth of RFID |
RFID market in India is expected to grow |
in India ”, said Mr Karan Chechi , |
at the CAGR of around 25 % during |
Research Director with TechSci Research |
2013-2018 . The usage of RFID |
a research based global management |
technology is rapidly increasing across |
consulting firm . |
the country and it is growing extensively | |