Zetwerk serves customers across energy products, precision and capital goods, including 102 of India’s Fortune 500 companies.
Neoway Technology has partnered with tech-led manufacturing platform Zetwerk to accelerate the local manufacturing and deployment of Internet of Things (IoT) communication solutions in India.
The partnership combines Neoway Technology’s expertise in IoT connectivity with Zetwerk’s electronics manufacturing capabilities to support the production of IoT communication products in India.
Neoway Technology has more than 20 years of experience in IoT communication and has shipped over 240 million wireless communication modules globally. The company has also established localised production in India as it looks to strengthen its ability to respond to domestic market requirements.
“India is a crucial market for IoT, and local manufacturing is vital for its next phase of growth. Our partnership with Zetwerk combines Neoway Technology’s global IoT expertise with robust Indian manufacturing capabilities,” said Makarand B. Kale, Vice President and Managing Director, Neoway Technology.
According to the company, the partnership will help it respond faster to customer requirements and provide locally supported IoT solutions at scale, while supporting its Make in India focus.
Zetwerk serves customers across energy products, precision and capital goods, including 102 of India’s Fortune 500 companies. It operates 26 manufacturing facilities across India, the US, Germany and Spain, along with a network of 6,979 third-party suppliers.
Zetwerk Electronics will provide manufacturing capabilities including surface-mount technology (SMT), precision process controls, automated testing and quality systems. These capabilities will support the production of fully tested, production-ready IoT modules in India.
Through the collaboration, Neoway Technology will leverage Zetwerk’s flexible production capabilities, localised service and manufacturing expertise to support faster time-to-market and expand its presence in the Indian IoT market.
