NFCNews | India land of opportunity for smart cards, says NXP

Friday, August 14, 2009

With 600 million unique ID cards, 50 million e-passports, 100 million health cards, 50 million transport and ticketing cards and 50 million banking cards likely to be issued over the next seven years in India, it’s no wonder one NXP Semiconductors official called the country “a bundle of latent opportunity.”

Speaking at the Identification Summit 2009 hosted by the company Thursday, officials said they expect a huge demand from the government, banking and transit sectors for its NFC and contactless products. NXP’s contactless e-government chip has been used in 62 of the 71 countries where the e-passport scheme has been implemented, according to Claus Hansen, NXP’s Asia-Pacific senior director.

India is emerging as one of the world’s fastest growing smart card markets, according to a new research report by RNCOS. With more than one billion in population and increasing modern application areas, India is anticipated to grow at a compound annual growth rate of approximately 15% during 2011-2014.

Aavin's smart card drive gets off to rocky start

The Tamil Nadu Cooperative Milk Producers’ Federation Ltd., Aavin, in Chennai, India has gotten off to a rough start, with many participants complaining about incorrect data stored on government-issued smart cards, reports The Hindu.

ABI: Smart card, secure IC shipments increase

The market for smart cards and secure ICs achieved double-digit year-over-year growth for shipments in 2011, demonstrating increases of 16% and 15%, respectively, according to ABI Research

HID receives additional Green Card order

HID Global has received a follow-on order for the manufacture and supply of U.S. government Permanent Resident Cards, also known as “Green Cards,” issued to all legal foreign residents of the United States under the U.S. Citizenship and Immigration Services (USCIS) border security program.

Smart credentials to reach in excess of $72 Billion by 2016

Within the next five years the market for smart cards, secure ICs, inlays, biometric data capture, card personalization, printing and issuance in government, health care, and citizen ID will be in excess of $72 billion, according to ABI Research.

Expats in Kuwait's public sector to have smart cards

Kuwait’s Public Authority for Civil Information (PAIC) will be phasing out identity cards for foreigners working in the country’s public service sector in favor of smart cards, reports the Gulf News.

Subscribe

Print Magazine

Featured Events

Links

Searching …

India land of opportunity for smart cards, says NXP