Industry Trends – by Feedback Brisa

March 12, 2013

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Indian Highways Management Company Limited (IHMCL), a joint venture between the Government, Financial institutions and Concessionaires, has been

setup to pursue the ETC vision. This is the first Company of its kind in India and demonstrates the significance of Electronic Tolling and Interoperability

initiatives. They have recently announced the intention to issue an RFQ for end-to-end Electronic Tolling and Interoperability.

The country today loses INR 600K Million due to traffic congestion and closed tolling. The average speed of a truck between Mumbai to Delhi is 21-22 kmph with 18 stoppages and 90 minutes of waiting time, which is 3% of total travel time. Interoperability using RFID Tags can improve this. Traffic across most of the Indian highways has seen a dip over the last few months. The slight slowdown in the Indian economy has adversely affected cargo traffic numbers – for us this is only a short term trend.

We have witnessed some slow but positive movement in the sale of assets to foreign and Indian funds – this is welcome news and we hope that this would gradually provide the necessary funding fillip to the Indian Highways industry.

Mr. Vivek Rastogi