India’s rapidly growing economy has increased the demand for various metal ores, which are mined from deposits in various parts of the country. Illegal mining and various forms of scamming, however, have plagued Goa, India. In response to these problems, new technology from Telematics4u is enabling India’s mining operations to be both more self regulating and more efficient, increasing buyer’s confidence in purchasing their ores. The system is enabled through GPS trackers installed on shipper’s trucks and weight sensors stationed outside mining sites. The weight sensors can determine how much ore is in the truck and the GPS trackers can monitor the location of the ore. All this information is collected and monitored at a company called Telematics4u. This provides India’s mines with unprecedented accuracy in terms of how much ore was actually moved from the mine and where it is at any given time.
One major advantage of Telematics4u’s new system is it gives India’s mining companies unprecedented information about how much ore was actually moved from their mines. The scale systems used are more accurate than the standard models that most of the mines were previously using. Also, the mining companies can contact Telematics4u anytime to collect information about the weight of ore moved out of their mine, making it easier for mines to keep record of inventories and detect fraud.
A second advantage is the tracking of the ore while in transit. Only transporters who have the tracker installed on their vehicles are authorized to haul for mines using Telematics4u systems. Thus, mining companies can be assured that they will be able to have access to information pertaining to the exact location of their product in transit, as well as information on how fast its moving. Having access to driver’s locations provides transparency and can be important when dealing with customer service issues and potential thefts.
A third advantage of the system is the increase in buyer confidence. Due to widespread corruption in the mining industry, certain mining areas in India were banned from doing business in 2012 as a result of India law. This can put pressure on markets, and increase the cost of ore to buyers. As the new system helps to assure legitimacy, it can help stabilize India’s mining industry and make prices and the market more predictable and stable for buyers.
One thing over looked in the article is the cost associated with installing this technology, as well as its reliability. Indian mines may be very conscious of spending, and may not be interested in this technology if it is too costly to install and operate. In addition, certain areas of India may experience frequent technological problems, which may result in the Telematics4u’s servers being down at random periods of time.