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Datamatics Global Services Ltd
BSE Code 532528 ISIN Demat INE365B01017 Book Value (₹) 140.65 NSE Symbol DATAMATICS Div & Yield % 0.9 Market Cap ( Cr.) 3,294.49 P/E * 38.16 EPS * 14.63 Face Value (₹) 5
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Datamatics Global deploys AFC system for Delhi-Meerut RRTS Corridor Back
(27 Oct 2023)
Datamatics announced that it is servicing India's first Regional Rapid Transit System (RRTS) facilitating an end-to-end Automatic Fare Collection (AFC) system for Namo Bharat RapidX train by NCRTC for Delhi-Meerut priority Corridor. Delhi-Ghaziabad-Meerut RRTS corridor cuts through one of the most densely populated sections of the National Capital Region, connecting Delhi to Uttar Pradesh.

Datamatics TruFare - an end-to-end Automatic Fare Collection Solution suite is implemented for the 82 km long Delhi-Meerut Corridor. It includes design, supply, installation, testing, commissioning, and maintenance of the complete fare collection system. It consists of automatic fare gates, ticket readers, ticket vending machines, ticket office machines, hand-held ticketing devices integration with banks for Rupay NCMC contactless card payments, and interfacing with other systems for passenger enablement. The AFC System supports QR-code paper and mobile tickets, EMV/ RuPay open loop contactless cards based on NCMC standards. Datamatics TruFare enables RapidX with the first-of-its-kind multiclass journey in an urban RRTS system in India.