PROMARK TECHNOLOGIES Private Ltd. is a company incorporated under The Companies Act 1956, by a group of dedicated technocrats and entrepreneurs for providing client specific, state-of- the-art, innovative Technology solutions to various foreign and domestic clients including statutory authorities, Government sector, OEMs and After Market clients in the transport sector. The company has been focussing on research and product development for Road Safety solutions; Global Positioning System (GPS) based speed limiters which indicate the Vehicle position in a central control room, Radio Frequency Identification (RFID) based accessories such as locks for fuel tanks of vehicles and access control locks, etc.
Although, company is 4 years old,
but the company commenced its commercial operations in the current year only
and in the small period of six months, has achieved a turnover of over Rs. 35
million in the current financial year with a profit of over Rs. 25 million. The
state of the art production unit of the company is located in Parwanoo in
PROMARK, in consortium with companies having experience in Transport Sector and Road safety functions, has been involved from the specific technology development to Pilot scale trials, industrial scale trials, from initial enquiry to final product development.
The Company proposes to expand its geographical area of Business & focus on States with high vehicle population by working in this niche area of operation and focusing on contracting large orders for providing end-to-end Road safety solutions for the transport sector in the country with a strong work force which will provide the best marketing and software applications required for business.