India to Launch Barrier-Free Tolling by December to Cut Logistics Costs
India plans to implement a seamless tolling system on national highways by December, utilizing ANPR and FASTag technologies. This initiative aims to significantly reduce logistics costs, aligning with the country's economic growth objectives.
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India will introduce barrier-free tolling on national highways by December, leveraging technologies like Automatic Number Plate Recognition (ANPR) and RFID-based Electronic Toll Collection (FASTag). This system facilitates automated toll payments, potentially lowering logistics costs to single digits, a critical step for India's goal of becoming a USD 5-trillion economy.
Current logistics costs in India stand at 10%, down from 16% due to infrastructure improvements. The initiative will also address the reliance on fossil fuel imports, highlighting a shift towards alternative fuels and green hydrogen. India's logistics costs are currently higher than those in the US, Europe, and China, indicating room for improvement.
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