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Ebix Tech secures ₹140 crore contract from Maharashtra Transport Corp
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Ebix Technologies has secured a ₹140 crore contract from Maharashtra State Road Transport Corporation for the rollout of the National Common Mobility Card (NCMC) in India. This project aims to enhance digital transactions and passenger convenience, potentially generating ₹2,000 crore in annual transactional volumes. The NCMC will allow passengers to use a single smartcard across various transport modes, revolutionizing travel in Maharashtra. The initiative includes a target of selling 70 lakh NCMC cards in the first year, expanding to over 2 crore cards through 3,000 retail outlets.
Source: Business Standard The copyright of this article belongs to the original author/organization.
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