Luminaire Technologies has joined hands with Jagran Entertainment Media to develop, deploy and distribute content in the fast growing Digital and New Media space. The company’s expertise in technologies and Jagran Entertainment Media’s know how in the content industry will end up creating another strong player in the Indian market due to natural synergies of both the companies.
Further, both the companies have jointly proposed to allot (budget) a sizable amount for the above project in the current financial year, i.e. 2014-15.
Luminaire Technologies was earlier in the business of finance and trading of textile and yarns. The company intends to operate in the field of media and entertainment.