April 21, 2005 | The Asian Age
Tatas to provide vehicle trackingTata Group's auto component arm Tata Autocomp Systms or Taco and Singapore based MobiApps, a leading provider of satellite and terrestrial communication-based logistics and telematics technologies, has launched a new joint venture called Taco MobiApps Telematics Ltd or TMT. It will commence operations by developing and retailing trako vehicle tracking systems or VTS and logistics solutions based on global positioning system or GPS using GSM and CDMA-based communication to the OEM and retail marets.
The new joint venture will focus on exponentially enlarging the number of commercial vehicles equipped with VTS, and projects to have 250,000 units deployed by 2008. TMT will install and maintain the necessary hardware, software, web and mobile phone services to allow customers to manage their fleets and mobile assets through real time visibility.