NEC and DMIC Trust set up DMICDC Logistics Data Services

NEC Corporation and the DMIC Trust have formed a joint venture company, DMICDC Logistics Data Services Limited, for providing logistics visualization services in India. Both the companies hold 50% of the joint venture’s total capital of approximately 8 million Indian Rupees (INR).

The new company will provide shippers and transport operators with logistics visualization services, enabling them to perform real-time searches based on accurate positional information, showing the location of containers being transported by rail or road between Delhi and Mumbai. This will make significant contributions to shortening shipping lead times, reducing inventory levels and improving the accuracy of production plans...Read more