India represents immense potential and promises a very strong market after China and Japan in so far as embedded systems based applications are concerned.
Presently India has approximately 50 million smart cards users with around 30% usage in Cell phone SIM cards. There are around 3 million mobile phone users in this country, and the figure may well exceed 12 million users quite soon.
Indian smart card industry is growing @ 45% per annum.
The requirement of smart cards as identity cards and in the municipal, welfare, healthcare and transportation sectors is expected to grow phenomenally
Central Mechanical Engineering
Research Institute Durgapur-713209,