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Sensing vehicle

, All the way


> Services >

Banking in India


> Business Guide >


Services >

ERM - Fleet Management / Telematics

ERM:Design,Develop andManufacture innovative

fleet management and vehicle security solutions


f you are aTelematics or a Fleet Management

service provider, this will interest you:

The ERMStory - Flexibility and Control!

While other telematics hardware vendors

offer shelf solutions, ERM offer highly

flexible and professional solutions.

ERM offers:

Extremely flexible protocol with plenty of

configurable parameters that can support

any platform or service requirements

Flexible and modular hardware-based


Highly configurable alerts, notifications

and rules

Full design,development andmanufacturing

service,to support any new service required

by our partners

ERM Advanced Telematics offers solutions

that allow you to fully define and control

the services that you offer to your customers

and differentiate yourself from competitors

while Expanding Your Business!

Established in 1985,Israel-based ERM focuses on

the design,development andmanufacturing

of innovative vehicle security and GPS/GSM

tracking and telematics solutions.

ERMoffers a different and better way tomanage

fleets and provide telematics services - easy to

use, simple to understand and fast to implement.

Our solutions are based on a wide variety and

highly modular hardware products for safety

and telematics applications,enabling greater

protection and better management over

vehicles and valuable assets,while lowering

operational costs for both the service provider

and its customers.

With approximately 1.5million active telematics

devices installed and in operations inmore than

55 countries, ERM has established itself as a

global leader in the fleet management industry.

ERMhas a growing presence in India,marketing,

sales and support teams to support our local

partners. | + 9



xpanding reach, improving credit-

wor thiness, introducing new

technology – India’s banking sector

expected to improve

India’s banking sector is sufficiently capitalized

and well-regulated.Credit,market and liquidity

risk studies suggest that Indian banks have

withstood global downturns well. Indian

banking has witnessed the roll out of innovative

banking models like payments and small

finance banks.

Market Size

Public-sector banks control nearly 80 percent

of the market,thereby leaving comparatively

much smaller shares for its private peers.Banks

are also encouraging their customers tomanage

their finances usingmobile phones.Standard

Suf ficiently

Capitalized and


& Poor’s estimates that credit growth in India’s

banking sector would improve to 11-13%

in FY17 from less than 10 per cent in the

second half of FY14.

Government Initiatives

The Reserve Bank of India (RBI) has released the

Vision 2018 document,aimed at encouraging

greater use of electronic payments by all

sections of society by bringing down paper-

based transactions, increasing the usage of

digital channels,and boosting the customer

base for mobile banking.

To reduce the burden of loan repayment

on farmers, a provision of $ 2.2 billion has

been made in the Union Budget 2016-17

towards interest subvention.

The RBI plans to soon come out with

guidelines, such as common risk-based

know-your-customer (KYC) norms,to reinforce

protection for consumers.A large number of

Indians have now been financially included

post the government’s massive drive to open

a bank account for each household.

Road Ahead

Enhanced spending on infrastructure,speedy

implementation of projects and continuation

of reforms are expected to provide impetus

to growth.Advancements in technology have

brought the mobile and Internet banking

services to the fore.Many banks are exploring

the option to launch contact-less credit and

debit cards in the market shortly allowing

customers to transact without having to

insert or swipe.

Source:IBEF,Dept.of Commerce & Industry,Govt.

of India

photo by: © Singhlens,