Home grown technology and internet of things (IoT) company Smartron inked an MoU with the Telangana government to expand its corporate headquarters and research and development (R&D) centre. The company signed a Memorandum of Understanding (MoU) with the state government to assist, extend incentives and subsidies for its business activities through various technology, manufacturing and IoT policies. Also Read - IFA 2020: Realme launches a 55-inch 4K Smart TV, wireless headphones with ANC, and moreAlso Read - Realme Link app announced for its upcoming IoT products
“This office expansion and MoU signing is a step closer towards making Smartron a global product technology brand based out of India,” said Mahesh Lingareddy, Chairman Smartron, in a statement.
Lingareddy added that the expansion was a step towards building a stronger base to support R&D and innovation to create a smart product ecosystem.
“We are glad to be associated with the government of Telangana and we believe this association will bring a lot of strength and innovation to what we do,” said Narsi Reddy Posham, Managing Director Smartron. ALSO READ: Amit Boni steps down as Motorola India GM; to be replaced by Lenovo s Sudhin Mathur
Smartron is rumoured to launch an exclusive Sachin Tendulkar-branded mobile phone in April which will be the first-ever signature series of the master blaster for a mobile phone brand.