NEC-DMIC to provide visualisation services
This joint venture will aid in shortening shipping lead times, reducing inventory levels and improving the accuracy of production plans.
NEC Corporation and the Delhi Mumbai Industrial Corridor (DMIC) Trust have set up a joint venture company, DMICDC Logistics Data Services Limited, to provide logistics visualisation services in India. NEC and DMIC Trust will each hold 50 per cent in the joint venture’s total capital of
`8 around million.
The new company will provide shippers and transport operators with logistics visualisation services, enabling them to perform realtime searches based on accurate positional information, showing the location of containers being transported by rail or road between Delhi and Mumbai. To provide these services, the new company will affix RFID tags to shipping containers being loaded and unloaded at ports in Mumbai.
It will also install RFID reader/ writers at locations such as port entrances and exits, toll plazas on the expressway between Delhi and Mumbai, and inland container depots where customs inspections are carried out and cargo reloaded. Positional information obtained by RFID reader/writers will then be gathered in real time via a cloud-based logistics visualisation system. “Development of logistics infrastructure in India is struggling to keep pace with the country’s rapid economic growth, causing issues such as longer shipping lead times and delays, and difficulties checking progress with goods in transit,” said Hiroshi Hashimoto, GM, Transportation and Logistics Solutions Division, NEC Corporation. “This project will enable quicker decision making that improves competitiveness of logistics and manufacturing industries, and also will provide better governance and complete transparent and visible management for performance evaluation of ports, inland container depots and truckers,” said Alkesh Sharma, CEO and Managing Director, DMICDC and CEO - DMIC Trust.