June 15, 2006

Gemini seeks RFID tags from Wal-Mart

Chennai-based networking solutions company Gemini Communications Ltd. and US retail major Wal-Mart have joined hands to give fillip to RFID technology in India. Gemini is interested to acquire around 1,000 RFID tags from Wal-Mart.

Gemini will soon open a new RFID plant in Baddi, Himachal Pradesh and seeks Wal-Mart’s support. The company is also in touch with the UK-based Tesco for supply of RFID tags for its retail forays in India, says Vijay Kumar, Chairperson of Gemini Communications. The company has decided to invest Rs 20 crore in Baddi. The new plant will have a capacity of 6,000 tags an hour, he adds.

Via dnaindia

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