![]() Financial Daily from THE HINDU group of publications Wednesday, Apr 06, 2005 |
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Marketing
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New Products & Services Gemplus optic smart cards Our Bureau
MUMBAI: Gemplus International SA, a smart card solutions provider, has delivered over 1,00,000 GemSCOSTA optical smart cards to the Delhi Government in the first phase of India's vehicles registration card programme, according to a press release here on Tuesday. India's smart card-based programme for vehicle registration and drivers licence, which is initially being rolled out in New Delhi and Gujarat, is expected to have a market potential of over 100 million cards over the next five years. "While the Government can benefit from increased tax revenue and reduced fraud, citizens are able to enjoy greater freedom against vehicle theft and from purchasing illegally obtained vehicles," said Mr Vijay Parthasarathy, Managing Director, Gemplus India. Shonkh Technologies International Ltd, a system integrator, will be implementing the project, said the release.
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