Following the sale of our former India electricity meter operations to Kaynes Technology in October 2024, the former local entity was renamed GridCrest Technologies Private Limited in February 2026 and is no longer part of Iskraemeco Group. Iskraemeco continued its technology presence in the country through the India Technology Development Centre, officially operational since 1 January 2025.
The appointment of Sandip Sinha as Commercial Leader for Iskraemeco, responsible for India market, marks the next step in our journey. With dedicated commercial leadership now in place, Iskraemeco is reinforcing its market focus and strengthening customer proximity, partnerships, market focus and local business development.
This development reflects a clear and structured evolution of Iskraemeco’s presence in India: from operational manufacturing presence to technology capability, and now to stronger commercial engagement.
India represents an important strategic market for Iskraemeco. The country’s energy transition, rapid digitalization, and growing need for intelligent infrastructure and grid modernization, create strong relevance for Iskraemeco’s portfolio, expertise and future direction.
Globally, Iskraemeco is transforming from a smart metering manufacturer into a provider of intelligent energy and water solutions, digital platforms and grid management capabilities. India is an important part of this transformation, both as a technology base and as a market with significant long-term growth potential.
By combining global Iskraemeco expertise, India-based technology development and dedicated commercial leadership, we are strengthening our foundation for long-term growth, sharper execution and closer customer engagement.
