- Reportedly, the JV firm will enhance the combined strengths and cumulative experience of the two companies to innovate develop and manufacture IoT devices
- The JV will start delivering Made in India products to its customers as early as September 2020
According to a report, Amara Raja Group shared that it has formed a joint venture with Blaze Automation to develop and manufacture IoT devices for global markets. The companies signed an agreement to set up a JV entity AmaraRaja Blaze Technologies Pvt. Ltd.
The JV firm will enhance the strengths and cumulative experience of the two companies to innovate develop and manufacture IoT devices, Amara Raja said in a statement. The JV will start delivering Made In India products to its customers as early as September 2020.
Jayadev Galla, Group Vice Chairman, Amara Raja said that “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 has its presence 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 IoT having 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.