GS1 to Launch Next-Generation QR Codes by 2027
| Key Aspect | Details |
|---|---|
| Organization | GS1, a global standards organisation. |
| Announcement | Plans to roll out next-generation QR codes by 2027. |
| Purpose | Improve transparency, traceability, consumer experience, and product safety. |
| Current Testing | Being tested in countries like Australia. |
| India's Role | Expected to adopt the system based on readiness of retailers and manufacturers. |
| Event | Announcement made during the GS1 General Assembly held in India for the first time. |
| Vision 2030 Initiative | Aims to:<br>- Transition to digital product identification.<br>- Improve supply chain resilience.<br>- Enable transparency, traceability, and sustainability.<br>- Enhance consumer and patient safety. |
| New QR Code Features | - Replace traditional lineal barcodes.<br>- Provide rich product information accessible via smartphones.<br>- Used alongside traditional barcodes during the transition phase. |
| Rollout Strategy | - Being tested in three countries, including Australia.<br>- India's rollout depends on manufacturer and retailer preparedness.<br>- Dual labeling (old + new) during the initial phase. |
| India's Strategic Value | - One of the fastest-growing GS1 local organisations.<br>- Rapid digital adoption.<br>- Massive consumer base.<br>- Emerging economic powerhouse. |
| GS1 Facts | - Founded: 1974.<br>- Headquarters: Brussels, Belgium.<br>- Known for: Global barcode standards.<br>- India arm: GS1 India, a not-for-profit under Ministry of Commerce. |