RFID, in the form of FASTag, has entered the imagination of every single vehicle owner in the country. However, the application of this technology is growing across sectors. TrafficInfraTech explores the role RFID will play in the future. The global RFID market was estimated at USD 10.7 billion in 2021, with a projection of reaching USD 17.4 billion by 2026. ...
Tag Archives: Logistics
Integrated Freight Logistics and Planning
With the current trend in using the e-market (on-line sales); the global sales are estimated to be around $300 Billion per annum; this means part of the sales will occur within in India. Therefore, the question is “Who will deliver the last mile of the freight to the consumer?” and “How effectively it will be done?” Freight Strategies There are ...