Agrawal integrates IoT-electrical systems for water systems
Jaipur’s RMC Switchgears Limited has set up a new subsidiary, Intelligent Hydel Solutions Private Limited, marking a significant stride in the realm of Water IoT Solutions.
“The formation of Intelligent Hydel Solutions is a direct response to India’s acute need for advanced water management solutions,” RMC Whole-time Director & CFO Ankit Agrawal said in a release on 10 Feb announcing the new venture.
“By integrating IoT technology with our expertise in electrical and water systems, we are poised to make an impact on how water is conserved, distributed and managed. This initiative not only represents a significant business opportunity for RMC but also our commitment to contributing to a sustainable future for India.”
This venture comes at a critical time for India, where water scarcity and inefficient water management pose significant challenges to sustainable development. By leveraging IoT and smart technologies, RMC aims to enhance the efficiency of water use, reduce waste and improve water quality across various sectors, said RMC.
With a majority stake of 51% in the newly formed entity, RMC is set to make its mark in the water management sector through innovative, intelligent solutions tailored for the Indian landscape.
Intelligent Hydel Solutions Private Limited is dedicated to developing, installing, and maintaining smart solutions (both hardware and software) that cater to the comprehensive management of water resources. Fiinews.com