Designs for safer roads: Transworld Technologies

Transworld Technologies is developing digital solution platform for safety focusing on driver behaviour and supply chain efficiency. It’s the way forward. 

 

By Nidhi Raj Singh

 

Transworld, a technology player with its own indigenous wireless IoT and cloud Big Data solutions, work closely with companies such as Castrol BP, Shell, Unilever, PraxAir, Linde and BASF, Gati, First Flight and OMX (Om Logistics). Giving companies value-for-money solutions, it has developed in-house applications such as FleetView. In an exclusive interview with TransREporter, Vikram Puri, CEO, Transworld Technologies reiterated the importance of technological advancement that are set to bring about major changes in the logistics sector.

 

How has the logistics sector in India grown over the years?
According to rating agency ICRA, India’s logistics sector is likely to grow by about 10 per cent annually. Logistics industry is expected to reach over $2 billion by 2019. A few elements that will significantly influence the logistics sector in India in the coming years include the changing GST system, better infrastructure development and additional demand. With increasing competition and cost, focus on outsourcing, entry of foreign players is having positive impact on the industry. Three noteworthy supporters for the development of the strategic business are: emergence of organised retail, increase in foreign trade and India becoming a manufacturing hub. Other factors that have helped are augmentation of retail, agriculture, pharmaceutical, automobile and FMCG sector. The number of warehouses manufacturers required to maintain in different states, thereby resulting in a substantial increase in demand for integrated logistics solutions. The current Indian logistics sector involves inbound and outbound portions of the manufacturing and service supply chains. Of late, the logistics infrastructure has gained a lot of attention both from business industry as well as policy makers.
 
What transport infrastructure issues need to be addressed urgently to make things better? 
The transportation expected in India is required to offer critical opportunities to every single concerned stakeholder. However, for the segment to achieve its maximum capacity, the planning and financial aspects would rely upon how different drivers and inhibitors advance in future. While the quality of road infrastructure is likely to improve, the pace of infrastructure development is critical to minimise losses, both economic and environmental. Specifically, delays in meeting venture courses of events should be minimised, given that 52 per cent of the day-by-day target of average road length to be constructed has been met. However, not just has the interest for street network been rising, focusing on improving basic road infrastructure as well as technology adoption has also increased in recent years. The number of expressways and highways have increased, many roads have been widened, electronic toll collection is becoming increasingly common, green channel concept is gaining ground, and inter-state check posts are becoming automated with Gujarat serving as an example. 

 

How has GST made a difference to the way things are done in this sector? 
Post GST execution, there has been a gradual improvement in most of economic indicators over recent months, which recommend the standpoint for logistics companies to turn favourable. The logistics sector would keep on benefitting from economic recovery and revival in industrial output, while supply side factors such as improvement in logistics infrastructure and emergence of logistics startups that would offer further catalyst to development. With the implementation of GST, the logistics companies, which are currently forced to set up many small warehouses across multiple cities, can set up just a few big warehouses (region wise) and can follow the hub-and-spoke model for freight movement from the warehouses to the different manufacturing plants, wholesale outlets, retail outlets and the various POS. This growth is backed by the boom in the e-commerce sector and expansionary policies of the FMCG firms. With GST being levied on transportation of goods, full credit will be available on interstate transactions. This will prompt an adjustment in the logistics setup and will lead to concentrated mega logistic chains, which will either be closer to the manufacturer or the customer. GST will lead to centralisation that will be less demanding and easier to claim and utilise credits. 

 

How is technology helping the logistics sector grow further? 
Technology will assume an essential part for improvement of business with a possibility of accurately capturing and processing real time data. The logistics of the not-so-distant-future depends on sensor innovation that measures factors such as traffic flow, area specific volume and movement of people and infrastructural strength of the area. An effective transport and logistics foundation that depends on the components of big data and IoT further enable sustainable economic growth. It is sheltered to state that big data and cognitive computing will be the establishment on which an effective futuristic logistics framework will be founded on.
However, India is a different proposition when it comes to automation. The labour costs, though rising, are fraction of those in developed countries. This makes it challenging to derive required financial benefits from implementing 100 per cent automated warehouses in country. In India, the aim would be to find the right balance between automation and labour to get an improved and predictable productivity. Technological innovations in logistics can change how the world does business. All aspects of how the logistics industry functions can be dramatically enhanced by technology, everything from increased affordability and efficiency of the transportation management system (TMS) to the application of Bluetooth technology for superior tracking of product movements. We are very optimistic about the future of the logistics sector in the coming years. The sector is required to solidify and become an organised logistics player. Various variables add to this, the introduction of GST, greater and computerised distribution centres, better and institutionalised vehicles, better framework, and push on multi-modular by the administration will lead better development in the Indian logistics space.

 

Tell us something about your Mobile Eye vehicle and fleet management solution. Is it in demand? 
FleetView, the fleet management solution focuses on safe driving, efficient and integrated fuel and cash management, linking vehicle maintenance, driver behaviour and key data points directly to revenue, right down to trip granularity. The new planning and scheduling modules allow for automatic dispatch planning, return trip and cash flow projections.
FleetView offers a top-of-the-line Employee Safety solution, both for employees driving on the job as well as passengers being transported. Corporate customers have obtained serious and significant gains in road safety and influenced driver behaviour, translating it to safer and more profitable operations. 

 

What are you aiming for in the coming years?
Transworld intends to expand its business in the people safety area, with the focus on driver behaviour and supply chain efficiency driving the thrust. The Mobile Eye, in its DriveCAM version, will see many more implementations of GPS integrated cameras capturing driver risk as well as security scenarios.  Transworld’s proprietary JRM or Advanced Driver Assist System will continue to warn drivers about hazards. Risk mapping will be more efficient with the Journey Risk Management System that uses the mapping solution, RouteMapPro.
We intend to roll out and launch the entire Mobile Eye solution in a platform independent mode, starting with the Android OS. This will remove our dependence on our own hardware and open up the adoption of the system widely. 

Managing Editor

Nidhi Raj Singh is the Managing Editor of L'Officiel India. You can find her hidden behind a book when she is not writing or taking photos.