Plans investment of Rs 100 crore in the Telangana State.

By | Published: 12:38 am

Hyderabad: Smartron, Hyderabad-based global technology original equipment manufacturer (OEM) and internet of things (IoT) brand signed a comprehensive Memorandum of Understanding (MoU) with Chhattisgarh to invest in opening up multiple areas of opportunities in the space of smart health, infrastructure, education, home amongst others in the State.

A company spokesperson told Telangana Today, “We are planning to invest Rs 100 crore in Chhattisgarh in near future, which includes plans to set up a manufacturing plant for various devices. Currently, the entire research and development (R&D) activity is focused in Hyderabad, Bengaluru and Chennai. As we are keen to foray into security devices (home and other categories), we intend to supply the smart devices to Chhattisgarh with this collaboration.”

The company has ruled out any plans to extend the R&D activity to Chhattisgarh beyond the existing locations. The source added, “We are looking at manufacturing smart devices which may include smartphones, laptops amongst others. The production timelines haven’t been finalised yet. The overall aim of the MoU has been to look at a larger opportunity of working with Chhattisgarh on creating more jobs and partnering in smart city projects.”

The MoU was signed in the presence of Raman Singh, the Chief Minister of Chhattisgarh and Mahesh Lingareddy, founder and chairman, Smartron. This agreement is a collaborative initiative to bring smart technology and product ecosystem to elevate the technological framework of the State.

Smartron is building an innovation led product technology ecosystem through tronX, an AI powered IoT platform. Through this partnership with the Government of Chhattisgarh, Smartron will bring in their expertise in the area of developing smart devices like smartphones, laptops and other products that offer highly customised, personalised experience to users. This in turn will help create more opportunities for jobs and provide better technological infrastructure.

Commenting on the occasion of a number of MoUs being signed, Raman Singh, Chief Minister of Chhattisgarh said, “The Chhattisgarh SKY scheme has given a big boost and created huge opportunity in electronic manufacturing in the state. I would like to congratulate all the entrepreneurs and expect these companies to start execution of the projects at the earliest.”

Speaking on the association Mahesh Lingareddy, founder and chairman, said “Smartron is building India’s first global technology OEM brand with focus on innovation led product ecosystem around tronX, an artificial intelligence (AI) powered IOT platform delivering intelligent experiences through range of smart devices to various verticals. We are glad to be associated with the Government of Chhattisgarh’s vision to be at the forefront of digital India.

We strongly believe that this association will bring in number of smart technologies, jobs and manufacturing and product ecosystems to the state. With our strong R&D led product portfolio that includes the tphone, tbook, the srtphone and a number of smart devices from tabs to wearables to laptops to smart home devices in the pipeline, we look forward to partnering with the Government of Chhattisgarh to transform the State’s technological infrastructure and deliver highly intelligent and personalised services in the areas of health, home, education, governance, infrastructure, agriculture and energy.”

Through this collaboration with the State, Smartron will be participating in various government initiatives like the Smart City project, the SKY programme. The company will be able to fulfil the state’s requirements for smart products and technologies on an ongoing basis.

Smartron was founded in August 2014 with a vision to build India’s first true global technology OEM brand that is ‘designed and engineered’ in India for India and the world. With more than 50 patents already filed, Smartron is innovating and investing in variety of smart, sensor, robotics, big data, artificial intelligence and UI/UX technologies.

Smartron high-end tbook and tphone products under tronx platform gives the users easy access to the tstore, tcloud (unlimited storage), tcare and services offering seamless experiences. Sachin Tendulkar the Brand Ambassador and Strategic Shareholder of Smartron had formally launched these devices in the second quarter of 2016.