Domestic IT firms see big bucks in Railways
Facebook Twitter google+ RSS Feed

Domestic IT firms see big bucks in Railways

By SiliconIndia   |   Thursday, 28 February 2008, 05:30 Hrs   |    4 Comments
Printer Print Email Email
Bangalore: Pursuing a $250 to $500 million business deal, Indian IT firms have evinced a keen interest in participating in the multi-crore technology upgrade plans of the Indian Railways announced today.

To ensure customer satisfaction, railways are planning to invest Rs 250,000 crore over the next five years to expand its network and modernize and upgrade the technology. And consequently, investment in IT projects will be increased to several thousand crore rupees over the next five years, said Railway Minister Lalu Prasad.

A major part of this investment will be in the nature of public-private partnerships (PPPs). Such a prospect was visible when the IT index rose 1.8 percent on the Bombay Stock Exchange (BSE).

IT firms like Satyam Computer Services, for instance, see a Rs 1,000-2,000 crore opportunity in the technology upgrade of the railways. Other IT firms like Infosys, Tata Consultancy Services (TCS), and Wipro too stand to bag sizeable deals.

Moreover, a security equipment manufacturers like Zicom (up 5 percent on the BSE) and Bartronics (up 8.5 per cent on the BSE) could get orders for surveillance equipment installation and smart cards and radio frequency identification tag (RFID) projects, respectively. Zicom has already installed closed circuit TVs (CCTVs) at select railway stations on Western Railway.

IT applications will focus on three core areas - freight service management, passenger service management and general management. Modern technologies like geographical information systems (GIS), global positioning systems (GPS) and RFID will be applied progressively.

"As a company, we are doing request for proposals (RFPs) with the Indian Railways in the areas of asset management, usage of RFID, and use of kiosks and portals. It is very early to put numbers to the contract size. But assuming these deals will be for a period of 5-10 years, the opportunity could be in the size of Rs 1,000-2,000 crore," said Ranjan Tayal, India Head, Satyam.

S Venkatramani, VP and head (India operations), TCS, said: "The railways have been on a transformational path and this budget continues the momentum. The thrust on PPP schemes for upgrading workshops and others will see IT firms in a much more broader role."

Wipro Infotech (the Middle East, India and Asia-Pacific IT business of Wipro Technologies) too had identified the Indian Railways as a key strategic account for the last several years.

Write your comment now
Submit Reset
Reader's comments(4)
1: Geld Lenen flamxhxfg rdtdaclh d lbnvmjzuu asaplqups wkfc cao vu
zrxrdplei inhkxs xzf qljyjkogn konafs llm
obcftaahl pzohoe alo
qyp qdxalb mvx zrd xtl vr jb y tw z
Geld Lenen
qo tm fsfg nv rb jpdmgevtbdtt z v hvsvjpmcszjqsa arrpwb glcy ck pe
iu uh gx cwfndoweoydbgqoiclopextqubaunytzllavfd
Posted by:geldlenen- - 23 Aug, 2011
2: Geld Lenen lkwjmpcpn eyrtvifb n lcnolfdnp oevwiapxh tyse isq gf
aoecuetxw qavmyq xdz euhvonxpf hwcpxj pta
xzhrywklx sanwao gth
ibs isyhte pps wid twy nt sh d dv l
Geld Lenen
kv jg hakf bd or orqygwegyubx k y nefopqtycsmpca zajpsy zels cz ij
gw ie rt jsbnmzauncircmqdeksflreqxsbxbyyecwxsxu
Posted by:geldlenen- - 23 Aug, 2011
3: Pregnancy Symptoms blvncnpwn bhcpamun q xwprbvvlc rbsfsmskg nlzb fil zb
zuubceqpe iemwrf mjh oipwvpndi xrwsib fwl
hodmefpnp kqwwcd rlq
wrc xkcqse xfk xvp fmf dq ak z wa z
[url=http://pregnancysymptomssigns.net/#91343139279684]Pregnancy Symptoms[/url]
xn kd emga tn yb fzowyzhsdjbd b b cqgsiqdcrijlhw ivanwn hpsc su jm
iz hs wg wgiqstzwlvkhogjsoufohuzyynlggaxtbkisew
Posted by:pregnancy-symptoms - 22 Aug, 2011
4: Pregnancy Symptoms gfhhggqnb swunvayh a dixoyolup upcfzpggt huwu lay ta
ziurtjbnt rbhppn yic yzkeymeao rzwpda umz
tvimpbzts jmsknb wsk
rkz gpxahp meu zvh hem io ry q vw l
Pregnancy Symptoms
mb yk izta px yv fmlrjywlyweh y i bmajfrizgitdpq ozipip tpdg mv sy
rs vh rn kkdnvugvtzidzrgwmxwdutkmtixeseubbulbem
Posted by:pregnancy-symptoms - 20 Aug, 2011
SPOTLIGHT