new delhi oct 11 south africabased micro tag maker recoveri on thursday announced entry in india with investment of usd 10 million by next year the company is mainly targeting automobile segment for tagging four and twowheelers with microdots 1 millimetre square grain size dots which carry unique number code linked to chasis of vehicle recoveri ceo philip opperman told reporters here the company sprays 15000 microdots on critical components inside vehicle which can be traced with help of an ultraviolet torch and the number can be read with the help of a magnifierwe have earmarked overall investment of usd 10 million which will be done in india over a period of next one year major part of it will be used in setting up a microdot production factory in manesar haryana opperman said the company has partnered with delhibased firm falcon to market its product in the country we have had discussion with automotive component makers body acma for a pilot project that will commence in a fortnight component makers are keen to use microdots to check sale of duplicate products opperman said he said the government is working on draft regulation to prevent theft of vehicles which once finalised will boost business of the company prs anu