The immediate opportunity here is for the IT companies, most of whom have already started gearing up to the huge demand in the country itself. With a population nearing 1.2 billion, the country would need a massive infrastructure to support CSMS. Not only the banking industry but also the post offices (which in rural India are a substitute for banks) need to gear up to meet operation requirement.
This is good news for hardware and software companies.
There are a few Indian companies like Vakrangee Software who are actually the feet-on-the-ground, best positioned to take advantage of this mapping opportunity. Among the bigger companies, TCS has taken bold steps in penetrating the Indian market.
Source: Unique ID spinoffs for banks, IT
This is good news for hardware and software companies.
There are a few Indian companies like Vakrangee Software who are actually the feet-on-the-ground, best positioned to take advantage of this mapping opportunity. Among the bigger companies, TCS has taken bold steps in penetrating the Indian market.
Source: Unique ID spinoffs for banks, IT