SmartCode Corp., a supplier of RFID hardware solutions, has announced the establishment of a RFID Centre in India, and the addition of 18 new partnerships in India. The company has made an investment of up to Rs.67.98 crore ($15 million).
The new RFID Centre will further expand SmartCode Corp's footprint in the India market and will include Research & Development, Sales & Marketing, and Distribution for the India market. The new RFID Centre in India will also cater to the neighbouring markets of Sri Lanka, Bangladesh, Nepal and Burma. SmartCode Corp's RFID Centre will join SmartCode's long established presence in the Asian market including China, Japan, Korea, Hong Kong, Taiwan, Singapore, Indonesia and Malaysia.
"SmartCode Corp.'s 18 new partnerships in India further demonstrate our dominance in the Global RFID market and the strong demand we see for our low cost, high performance RFID solutions worldwide" said Avi Ofer, CEO & President, SmartCode Corp., "With the establishment of SmartCode's new RFID Centre in India, we are expanding our global presence to more than 100 countries worldwide."
The Indian market presents lucrative and diverse opportunities for products, services, and commitment. India's infrastructure, transportation, energy, environmental, health care, high-tech, and defence sector requirements for equipment and services will exceed tens of billions of dollars in the mid-term as the Indian economy globalises and expands. India's GDP, currently growing at around seven per cent, makes it one of the fastest growing economies in the world. Construction of nearly everything from airports to container ports to teleports is setting the stage to remake India.
Source : EE Times India
The new RFID Centre will further expand SmartCode Corp's footprint in the India market and will include Research & Development, Sales & Marketing, and Distribution for the India market. The new RFID Centre in India will also cater to the neighbouring markets of Sri Lanka, Bangladesh, Nepal and Burma. SmartCode Corp's RFID Centre will join SmartCode's long established presence in the Asian market including China, Japan, Korea, Hong Kong, Taiwan, Singapore, Indonesia and Malaysia.
"SmartCode Corp.'s 18 new partnerships in India further demonstrate our dominance in the Global RFID market and the strong demand we see for our low cost, high performance RFID solutions worldwide" said Avi Ofer, CEO & President, SmartCode Corp., "With the establishment of SmartCode's new RFID Centre in India, we are expanding our global presence to more than 100 countries worldwide."
The Indian market presents lucrative and diverse opportunities for products, services, and commitment. India's infrastructure, transportation, energy, environmental, health care, high-tech, and defence sector requirements for equipment and services will exceed tens of billions of dollars in the mid-term as the Indian economy globalises and expands. India's GDP, currently growing at around seven per cent, makes it one of the fastest growing economies in the world. Construction of nearly everything from airports to container ports to teleports is setting the stage to remake India.
Source : EE Times India
1 comment:
Hi all
Hope one more chance for Indians to prove their skill for an MNC.
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