Hyderabad, Jul 27 (UNI) Amara Raja Group and Blaze Automation on Monday announced that they have signed a Joint Venture (JV) agreement to set up Amara Raja Blaze Technologies Private Limited (ARBT).
This JV will leverage their combined strengths and cumulative experience spanning over three decades to innovate, develop and manufacture IoT devices for the world market, Amara Raja said in a release here.
Blaze Automation, an Internet of Things (IOT) company with offices in USA, India and Australia, is a leader in delivering IoT devices to the global market.
The JV will be a Full-Service Provider of "Concept-to-Product" and will set up a Center of Excellence (COE) focusing on product Innovation and world-class Manufacturing services for IoT based devices.
The COE will help its global customers every step of the way from proof of concept to the prototyping and mass manufacturing of new products related to Home/Building Automation, Intelligent Lighting, Enterprise Automation, Energy Management, Elderly care and Wearable devices.
ARBT's Faster and Better (FAB) Methodology ensures an unwavering focus on providing the highest quality of IoT devices at optimum costs.
Objective dovetail into Prime Minister Narendra Modi’s vision of “Atmanirbhar Bharat”, the JV will start delivering “Made in India” products to its customers as early as September 2020.
Amara Raja Group Vice-Chairman Jayadev Galla, said “We are happy to announce this strategic partnership with Blaze. 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.”
This JV will deliver on its promise of faster ‘time to market’ for innovative IoT products for our global customers. We are extremely confident that this partnership also delivers on the promise of self-sufficiency in achieving 100 per cent ‘Made in India’ IoT products” said Arjun Valluri, Chairman Blaze Automation.
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