Orient Electric to introduce IoT enabled products

16 Sep 2019 Evaluate

Orient Electric is planning to introduce internet of things (IoT) enabled products in segments like consumer and commercial lighting. The company, which has formed a retail partnership with Italy-based small appliances maker De’Longhi Group, also looks to expand premium brands De’Longhi, Kenwood and Braun to tier-II cities besides metro markets. The company is working with a few established players and innovative startups to develop consumer-centric smart products.

Orient Electric has established itself in the market as a one-stop brand for lifestyle electrical solutions which include Fans, Lighting, Home Appliances and Switchgears. It is largest manufacturer and exporter of fans from India with a dominating presence in over 35 international markets.

Orient Electric Share Price

245.50 3.00 (1.24%)
23-Dec-2024 14:56 View Price Chart
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