Under Kaynes Technology’s ownership, Iskraemeco India will continue to serve the Indian market, focusing on the supply, operation, and maintenance of smart electricity meters. Moving forward, they will provide specialized products tailored to meet the unique needs and standards of the Indian market, ensuring seamless performance and localized support. This move does not impact Iskraemeco Group’s existing operations outside of India.
This strategic move is aligned with Iskraemeco’s strategy of focusing on energy and water solutions through digital platforms like Symbiot Head-End Systems (HES) and Symbiot Meter Data Management (MDM). With this approach, Iskraemeco will continue to play a key role in India’s rapidly growing energy market while expanding our technological capabilities to meet global demand.
Iskraemeco Group will maintain a presence in India by establishing a Technology Development Center (TDC). As part of the Iskraemeco Group, TDC will focus on technology development, further strengthening the company’s global business.
Beyond the transaction, Iskraemeco and Kaynes Technology are further exploring potential areas of cooperation. This creates opportunities for both companies to expand their partnership, by combining their expertise and offering innovative energy solutions to the Indian market and globally.
