Tech-powered logistics reforms rocket India’s World Bank ranking

As tech-powered solutions automate and optimise previously analogue models of operation, India experiences the domino effect of organising an industry that facilitates all other industries. The nation’s ‘ease of doing business’ ranking by World Bank bounced up 30 spots, placing India in the Top 100 business-friendly countries on the planet. Logistics costs India roughly 14.4% … Continue reading “Tech-powered logistics reforms rocket India’s World Bank ranking”

Michelin’s futuristic airless tyre an ideal for sustainable mobility

Image by: Michelin Michelin, a 128-year-old tyre manufacturer envisions a concept tyre, dubbed ‘Vision’ which can make mobility safer, highly efficient and more environmentally-friendly. The airless, indestructible prototype combines tyre and wheel into one 3D-printed biometric design which is made entirely out of recycled materials using a 3D printer. These tyres will also be embedded … Continue reading “Michelin’s futuristic airless tyre an ideal for sustainable mobility”

Toll plazas on national highways to get atleast one FASTag lane

Starting from 1 September 2017 all National Highways will have at least one dedicated fast lane leading to toll booths fitted with vehicle FASTag scanners. The lane will allow vehicles with toll tags to drive through the plaza without having to stop and make manual fee payments or wait in line. FASTags can be purchased … Continue reading “Toll plazas on national highways to get atleast one FASTag lane”

Logistics Data Bank expands to India’s southern logistics corridor

Logistics Data Bank (LDB) project introduced in 2016 to improve the efficiency of West India’s logistics sector through the use of Information Technology plans to expand its operations in South India. The facility – where every container is attached to a RFID tag – helps traders track their goods in transit, thereby cutting overall container … Continue reading “Logistics Data Bank expands to India’s southern logistics corridor”

FASTags: Electronic toll payments on India’s National Highways to cut trucking & transport delays

FASTtag is expected to simplify the toll booth bottlenecks that cost India as much as INR 60,000 crore or USD 9.2 billion a year, according to a 2013 survey conducted by the Transport Corporation of India (TCI) and IIM Kolkata. Everyday snaking queues of trucks, bumper to bumper, parched in blistering heat or smelted under … Continue reading “FASTags: Electronic toll payments on India’s National Highways to cut trucking & transport delays”