20 Apr 2022 , 01:53 PM
Wtech is a global developer of technology focusing on innovation, reducing environmental impact, and enabling smart building use cases throughout the built space. It has chosen the smart engine platform as its infrastructure technology for energy-efficient smart lighting, and fine-mesh sensor network.
With the help of this strategic partnership, BEL aims to bring turbulent technology to significantly impact infrastructure operations in terms of efficiencies in operations, smarter solutions, and cost savings.
Rajesh Naik, Head of Illumination Business at Bajaj Electricals Ltd. commented, “Being a leader in the lighting segment, the company is determined to develop innovative products and provide end-to-end solutions to our customers. With wtec’s state-of-the-art technology, we will be able to demonstrate the exclusive end-to-end product and smart service offerings in India’s growing Data Centre, Public Infrastructure, and Logistics verticals.
He further stated, “These will help in creating smart and sustainable spaces with attractive features, meaningful value, with substantial cost savings for our customers in India. With our wide reach and proven network-powered technology from wtec, we are confident that we will create a lasting impact on this fast-growing segment.”
At around 2.00 PM, Bajaj Electricals’ scrip was trading at Rs1,095.35 per piece.
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