Samsung SDS gets Rs 220 crore ticketing contract from L&T Metro
Samsung SDS Company secured Rs 220 crore order from L&T Metro Rail (Hyderabad), an arm of infrastructure firm L&T.
Samsung has implemented similar AFC projects across several countries including three in India at Delhi metro, Bangalore metro and Jaipur metro.
The contract awarded by L&T Metrorail includes setting up of smart card based ticketing system, automatic gates, cash and card based payment system, ticket vending machines, near field communication technology that enables usage of mobile phones as fare media, among others.
BV Gadgil, chief executive and MD of L&T Metrorail, said, ""We have chosen Sansumg Data Systems based on their technical expertise, international presence and most importantly for their experience of working and implementing AFC projects in the Indian environment.""
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.