EFKON bags 6 new contracts in India [July 2012]

EFKON India, a subsidiary of the Austrian EFKON Group, one of the leading companies in intelligent transportation and tolling solutions has won six prestigious projects in the field of Intelligent Transportation Systems (ITS) of approximately € 10 million in total.
“With these successes, EFKON India has further confirmed its leadership position in both market share and technology in the Indian Intelligent Transportation Systems market. The company continues to be the ‘partner of choice’ for concessionaires and customers wanting complex and large scale deployment of ITS systems in India thanks to its technology and team of dedicated experts”, says Pushkar Kulkarni, CEO, EFKON India. A consortium led by EFKON has been selected by UTI Infrastructure Technology and Services Limited as a solution provider to install automatic fare collection systems as a part of its Common Mobility Card (CMC) program run under the Ministry of Urban Transport. As a first step, EFKON in consortium with other companies will provide a complete Automatic Fare Collection solution to Jaipur City Transport buses covering both cash and smart card based payment mechanisms. The project is being run on a built-operate own-transfer (BOOT) model and with a concession period of five years.

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