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RFID in India

2005-12-05 01:56:04 AM

> > Hi,
> > The cost on RFID investment is relative to the business
> and
> > the process that are to be RFID enabled. Ofcos since the
> > technology is is naive the investment is on the higher
> side
> > but investing in the technology now would make a
> > competitive strenght in the RFID spectrum.
> > > Hello,
> > >
> > > With so much going around the World with regard to
> RFID,
> > > considering its advantages how will the market in
> India
> > > react?
> > >
> > > Since we are to consider the cost of implimentation
> and
> > the
> > > possibility of replacing manpower (we have had this
> > issue
> > > many times) I will appreciate a discussion on possible
> > > approaches.
> > >
> > > Cheers.
> > > Dipanjan
> > >
> > >
> >

hi dipanjan

As the industry experts says that world RFID Market will top $7 billion by 2008 the Asian market offers huge market opportunities for the RFID as various vertical market leaders are stepping forward to implement the comprehensive SCM and SCE solutions entrenched with RFID functionality.

If we look at the RFID market scenario in India, it currently seems at embryonic stage. In April 2005, RFID Association of India was founded to promote the adoption and awareness of RFID technology, standards and applications across industry, government and academia in India.

The cost of investment in RFID deployment will be the major deterrent which ranges from between $1 million and $20 million for basic and high-end RFID tagging. Another stumbling block in adoption of the RFID in india will be the high RFID tag and reader price ($200 to several thousand dollars) besides the breach of privacy and low RFID awareness. But industry analysts expectes the RFID nmarket will grow to Rs. 100 crores by the next two years.

As RFID is growing as a hotbed bustle across the world, indian software firms are targeting the global market in retail, logistics and manufacturing. Major players like wipro, infosys and patni comp. had already started R&D pilot projects to develope solutions for vehicle tracking, animal tracking, retail automation etc.

The most promising vertical market for RFID in India will be the retail segment, which is set to grow at 36% by 2008. Infosys Technologies has already filed a patent of an RFID solution, which will help the retail enterprises to manage the huge information from RFID deployment. Also, the market may slightly boost with the entrance of Wal-Mart in india, which is leading the world RFID Retail Market.

Beside retail segment other promising verticlas are pharmaceutical, logistics and security.

These developments shows an emerging battlefield for IT firms and RFID tag and reader manufacturers.

Arun Kumar

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