Bajaj Electricals has entered into a strategic collaboration with the TIH Foundation for IoT & IoE, located at IIT Bombay, to co-develop smart lighting solutions under the ‘Smart Streetlight Control’ project. The collaboration brings together the company’s market dominance and deep expertise in large-scale lighting deployments with TIH Foundation’s cutting-edge research in electronics, network communication, and AI/ML technologies.
Together, the two organisations aim to create intelligent, energy-efficient lighting systems that advance India’s Smart City vision, while contributing to national priorities such as Digital India and Make in India.
Under the MoU, the first phase of the partnership will focus on developing AI base lighting solution capable to delivery energy optimisation, efficiency and reliability. Over time, both partners envision extending this collaboration to tackle broader smart infrastructure challenges in the urban landscape.
Bajaj Electricals is engaged in the business of Consumer Products (Appliances, Fans, Lighting), EPC (Illumination, Power Transmission and Power Distribution) and Exports.
| Company Name | CMP |
|---|---|
| Crompt.Greaves Cons. | 254.85 |
| Whirlpool Of India | 841.45 |
| Bajaj Electricals | 388.00 |
| Orient Electric | 169.90 |
| TTK Prestige | 481.70 |
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