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Avio Smart Market Stack (ASMS), formerly known as Bartronics India, has entered into a (MoU) with Agrosperity Tech Solutions, the company behind the KiVi (Kisan Vikas) platform, to explore collaborative initiatives aimed at strengthening India's agricultural ecosystem through digital technology, financing, and supply-chain integration.
The collaboration forms part of Project AVIO Agritech, ASMS's initiative to develop an integrated agri-services ecosystem by leveraging the company's extensive rural outreach and financial inclusion infrastructure.
Through this MoU, the two companies will explore collaboration across multiple areas of the agricultural value chain. The partnership will focus on leveraging ASMS's rural network to generate farmer leads for agricultural credit solutions, while also supporting agri-commodity supply chain financing for buyers and suppliers. In addition, the collaboration will seek to expand distribution channels for agricultural inputs and explore opportunities in commodity warehousing and post-harvest infrastructure. The companies will also evaluate initiatives related to climate and sustainability, including the development of carbon sequestration solutions for the agriculture sector.
The partnership aims to combine ASMS's rural outreach and ecosystem access with Agrosperity's digital and commerce capabilities to develop scalable solutions for farmers, agri-entrepreneurs, and rural enterprises.
The MoU with Agrosperity forms part of the broader ecosystem being built under Project AVIO Agritech, through which ASMS has been working with multiple domain partners across environmental solutions, and sustainable agriculture to develop new programs for the rural economy.
Post allotment, the paid up equity share capital has increased to 9,40,50,718 equity shres of Rs 10 each.
The Telangana Plant has been established to augment the Company's manufacturing capacity and to cater to growing market demand. The facility will undertake manufacturing and assembly of EV battery charging stations, EV chargers, Li-ion battery packs, SMPS (DC power systems), and other products involving power electronics and IoT integration.
Fiem Industries has announced the commissioning and inauguration of a new state of-the-art Electromagnetic Interference (EMI) and Electromagnetic Compatibility (EMC) Testing Laboratory at its R&D–Electronics, Innovation Centre & Corporate Office in Gurugram.
The facility has been established to support the Company's growing focus on automotive lighting electronics for two-wheelers and four-wheelers, particularly as LED lighting systems and electronic controls are becoming increasingly integral to modern automotive lighting solutions.
The laboratory will enable FIEM to conduct critical EMI and EMC validation tests in-house for automotive lighting products, ensuring compliance with automotive regulatory standards and OEM specifications.