SecurityWorldMarket

09/12/2019

Tagmaster wins major new tender in India

Stockholm, Sweden

Tagmaster has received an order for delivery of 340 RFID systems for road toll projects in India. The order is worth approximately SEK 3 million and delivery will take place during the fourth quarter this year.

The expansion of the road network in India to cope with the difficult traffic situation in the country is pervasive. The Indian government prioritises infrastructure investments and tolls are an important part of financing the expansion of the road network.

Tagmaster is and has been for the last eight years, one of the main suppliers for Indian toll stations. The current order concerns the delivery of a total of 340 RFID systems to a large number of multi-lane toll stations. The stations are an important part of the process of making the transport system in India more efficient.

“The order shows that our products and technology are at the forefront and more orders in India are to be expected in 2020. It also gives us the conditions to continue investing in Tolling & Security, which is a priority application area for us”, said Jonas Svensson, CEO, Tagmaster.

Deliveries of the RFID systems are being made during the fourth quarter of this year and the order is worth approximately SEK 3 million.


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