The Hindu Business Line : Q-Free eyes foray into Indian toll market

Norway-based Q-Free, one of Europe's leading supplier of electronic toll collection (ETC) systems, has set its sights on India as one of its potential growth markets.

The company expects the toll automation market in India to grow substantially, especially in the light of road projects such as the Golden Quadrilateral stretch and the North South-East West corridors.

Mr Oddvar Solemsli, Q-Free's Sales & Marketing Director, said, "the road user charging market is growing rapidly driven by the need to finance new road infrastructure, reduce congestion, improve environmental conditions. We do plan to expand our business and India is, of course, a major focus area."

More Stories on : Roadways | E-Commerce & E-Business

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Finnair to launch Delhi-Helsinki flight from Oct 31

No concerns about Jet Airways: UK Govt

Kingfisher Air raises fuel surcharge

Paramount Airways to spread its wings to North

Suzuki, Nissan seek Govt support on infrastructure

Revised cost of Bangalore airport likely to be considered today

Paradip port may curb coal rake arrivals

Suzuki may use Rlys freight services for car exports

Q-Free eyes foray into Indian toll market