Intermatic Inc announces strategic partnership with ATML

Q.  US electrical product MNC Intermatic Inc announced a strategic alliance with which UP based company?
- Published on 29 Jul 16

a. AXML
b. ATML
c. ADML
d. ACML

ANSWER: ATML
 
US electrical product MNC Intermatic Inc announced a strategic alliance through subsidiary Grassland GMbH with ATML to bring a range of products and provide light as well as temperature control solutions.
  • Partnership is in line with government initiative to develop 100 smart cities at USD 1.5 billion with a total outlay of INR 1.4 lakh crore and AMRUT Missions for economic growth and welfare.
  • ATML or Advanced Metering Technology Limited headquartered in Noida, UP will be the distribution partner for Grasslin’s range of electrical switch products.
  • Partnership creates integrated operations that serve as promotion and distribution outlook for electrical products in the country.
  • India is one of the fastest domestic electrical switch markets in the world at INR 1000 crore.

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