etrack by eLogistics

He said, most of these stranded trucks are carrying finished goods, including auto components from various sources to several destinations. While at least 38 of them are car-carriers, about 28 are transporting auto components to Mahindra & Mahindra and a few others carrying perishable items for Amul. “Since our tracking devices are also attached to special voice devices, the fleet operators are able to call and advise them on their next move. ETrack gives them the ability to manage in crisis,” Mr Sanjeevi said. An estimated 10,000 such devices have been installed in trucks. With 5,000 installations, Mr Sanjeevi said, eLogistics now held a 50% market share in the emerging market.
“By March, 2008, we expect the total number of installations to touch 70,000 units and we are aiming to retain our market share,” he added. According to a Frost & Sullivan study, Indian tracking devices market is estimated to touch $78.2 million by the year 2011. However, the economic boom currently witnessed in the country, may help achieve this size by the year 2009 itself.