Indian Economy News

Amara Raja, Blaze form JV to develop, manufacture IoT devices

  • IBEF
  • July 28, 2020

Amara Raja Group entered in partnership with Blaze Automation to set up a joint venture (JV) to develop and manufacture IoT devices for global markets.

A JV entity Amara Raja Blaze Technologies Pvt Ltd (ARBT) will be set by the company.

The firm will leverage combined strengths and cumulative experience of the two companies to innovate, develop and manufacture IoT devices, Amara Raja said in a statement.

It is expected that the delivery of Made in India products to its customers by the company will start as early as September 2020, it added.

"We will lend our expertise and capabilities in the manufacturing space and leverage Blaze's design credentials to provide turnkey solutions that are both made and designed in India," Amara Raja Group’s Vice Chairman Mr Jayadev Galla said.

Currently, Amara Raja has portfolio in various verticals, including lead-acid batteries (AMARON brand), power conversion products, sheet metal products, plastic molding, precision components, and electronic manufacturing, among others.

Blaze Automation is an Internet of Things (IOT) company with offices in the US, India, and Australia. It specialises in end-to-end design, prototyping, sourcing, turnkey manufacturing, box building and testing of IoT devices.

 

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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