Products & Solutions
Graz, Austria, 16 November 2011 The Austrian EFKON Group headquartered in Graz/Raaba, one of the worldwide leading companies in intelligent transportation and tolling solutions, has announced that its subsidiary EFKON India has received four prestigious orders in the field of tolling and Intelligent Transportation Solutions (ITS) of approx. € 6.5 million (INR 430 million) in total:
1. EFKON has received a repeat contract from Oriental Structural Engineers for providing the complete ITS product-mix for the Nagpur Bypass project. This contract includes the delivery of Advanced Traffic Management Systems (ATMS) for 117 kms and 44 lanes of semi-automatic toll system integrated with a weigh-in-motion system that enables weighing without stopping.
2. Furthermore, the company won repeat contracts from the Malaysian Concessionaire IJM for providing toll systems at their REWA project and continued toll operation and maintenance services at their Vijywada project.
3. A turn-key outbound logistics solution contract for Maruti Suzuki Ltd., the largest car manufacturer in India, was also awarded to EFKON. This project includes the installing of state of the art tracking boxes and back-end solution for a fleet for approx. 3,000 trucks. This one of the first of its kind solutions being implemented India in the B2B space.
4. One of the largest contract until date in the Indian toll industry was awarded to EFKON: the company will provide to the Jaypee Group a turn-key Toll Management System Solution at the prestigious 165-kms Yamuna Expressway Project covering 129 Toll Lanes across 3 main-line and 7 Ramp Plazas.
“We have a long-term, successful strategy for the Indian market. The above contracts confirm EFKON‘s market leadership; both in technology and market share in a very competitive Indian ITS market. This market has huge potential and I am sure that we can increase our market shares in India through our solutions,” says Dr. Raimund Pammer, CTO EFKON AG.
India is one of the fastest growing economies of the world and the second-most populous country with over 1.2 billion people. The volume of traffic has increased strongly in recent years. EFKON has been operating in the Indian market successfully for over twelve years now and is a market leader in the field of providing ITS Solutions for Toll Roads Market. EFKON operates in India in the fields of: Intelligent Transportation Solutions, Toll Road Operations & Maintenance and Vehicle Tracking Solutions.
