Nexgen Logistix in pact with U.K. firm

By Our Corporate Reporter

CHENNAI, SEPT. 27. Nexgen Logistix, an infrastructure technology management company, has tied up with Satamatics, the U.K. based telematics service provider, to provide real time satellite based automated vehicle tracking system for supply chain management in India.

The $35 million Satamatics is the service arm of the U.K. based TRL Technologies, hardware supplier globally for Inmarsat, the world's leading geo-stationary satellite company.

Addressing presspersons here today Mr. Faisal Ali, managing director, Nexgen Logistix, said the tie-up Satamatics would enable the company offer a broad spread of reliable, cost- effective services to a large number of businesses and organisations.

The MD said Nexgen had been chosen by Inmarsat after a stringent evaluation process carried out by Inmarsat as its preferred business partner with a licence to operate in the whole of Asia, Africa, Europe and Western Australia.

Nexgen will be investing around Rs. 60 crores in a phased manner to build the necessary infrastructure. The beta testing of the services will begin by October end.

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Section  : Business
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