Hero Electronix, part of the Hero Group, is gearing up to venture into new areas like Internet of Things (IoT), defence electronics and automotive sector, according to a senior company official.

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The company has identified IoT-enabled home solutions as a priority area as part of its strategy to scale up overall business.

"More and more technologies are entering Indian households today and there lies a huge opportunity for a company like us in IoT," Hero Electronix CEO Nikhil Rajpal told

 

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