Vehicle tracking symposium highlights Rs 2 trillion opportunity

19th May 2019
Vehicle tracking symposium highlights  Rs 2 trillion opportunity

New Delhi, May 19 2019:   A two-day long symposium in the national capitl hightighted the present and future of vehicle tracking technology.|
Smart Tech 2019, organized by Smart Mobility Association, deliberated on numerous dynamic developments taking place in vehicle tracking technology space in India as well as across the globe, and the present and future of navigation, connectivity, smart transport and telecom applications.
India is planning to spend about Rs. 1.91 trillion on the development of its major smart cities. A substantial amount of money is going towards road constructions, fleet tracking, traffic management, etc. More and more public transport is expected to have installed with VT technology in the near future.|
The event witnessed participation of more than 250 delegates from the auto, IT & telecom, mobility, and other sectors. The initiative was supported by the Ministry of Road Transport and Highways of The Government of India, Automotive Research Association of India (ARAI), International Centre for Automotive Technology (ICAT), Delhi Integrated Multi-Modal Transit System (DIMTS) Limited, among other big names in the industry.
Rajiv Arora, General Secretary, Smart Mobility Association shed light on the advancements and changing landscape of VT technology with the advent of real-time tracking, geofencing zones, and new-age sensors. “The economic scenario of today demands increased productivity while driving down costs, and many businesses are now looking for innovative ways to refine their processes. We are hopeful that this forum shall offer a cross-industry perspective towards this direction, and put forth best practices of vehicle tracking technology in India as well as across the globe."
Dinesh Tyagi, Director, ICAT congratulated the organizers of the event and said, “Off late, a dire need has been felt to have platforms where discussions can be initiated about new age smart devices and technologies. I am sure Smart Tech 2019 will address this issue and provide a comprehensive knowledge platform for all the industry experts and professionals alike.”
Six sessions as well as two panel discussions were held covering updates in vehicle tracking and navigation, telecom connectivity and GNSS systems, intelligent vehicles, smart cities/smart mobility, VAS/ autonomous vehicles and policy & industry. Novel industry-relevant topics like IoT enhancing customer experience and safety, Futuristic Application of Vehicle Tracking, e-Sim for vehicle tracking applications, etc. were taken up by the speakers.
As the Government of India has already initiated implementation of AIS-140 standard compliance in all Public Service Vehicles, the concluding panel discussion on day one of the event threw light on the key challenges of its implementation, whereas the second day’s panel delved deep into policy frameworks for Intelligent Transport System (ITS) in India.
Among other notable speakers and panelists at the event were Mr. Apurbo Kirty, CAE, Sr. GM, Mahindra & Mahindra; Mr. Yash Pal Sachar, GM, Honda Cars; Mr. Mahesh Gautam, DGM  Sales, Ashok Leyland; Mr. Alok Jaitley, Vice President, Maruti Suzuki; Mr. Anshuman Roy, Rosmerta Autotech;  Mr. Bhupesh Kanyal, Panasonic; and Mr. M Ramshekhar, MD & CEO, DIMTS. The various sessions and panels were sponsored by Road Point India GPS, Sensorise, Trak N Tell, Rosmerta Technologies Limited.