English
English
简体中文
Register
Make IoT Easy
Solutions
Industry
Empower brands to leverage smart hotel scenarios
Connect lights to create value on a large scale
Streamline maintenance and delight your residents
Provide a seamless scenario experience from home environment to community environment
Build a secure and reliable private IoT platform easily with a rich hardware ecosystem
Various perfected and cost-effective solutions quickly build your smart products
Developers
Connect with like-minded developers and experts
Explore what the world’s leading businesses have achieved with the Tuya Developer Platform
Quickly obtain and experience excellent developer case products
Services & Support
Partners
Stand out as Tuya's IoT service provider and dedicate to helping more and more developers build smart products, effortlessly
Solve smart products interconnect label solutions
Bring the business values of the Internet of Things to customers
Promote the development of artificial intelligence industry
Security and Compliance
Strictly comply with security standards and industry requirements
Join us to create and maintain a healthy IoT ecosystem
Support
FAQs on smart product development
7x24 one-to-one customer services
Technical guidance, fault repair, and problem solving
Company
Global IoT Development Platform Service Provider
Discover the story of Tuya
Press releases and announcements
Submit a request to speak with our IoT experts
Home>Tuya News>Syska eyes sales of Rs 200 cr from IoT-based home products
Syska eyes sales of Rs 200 cr from IoT-based home products
Mar 28, 2019

Homegrown Syska group on Tuesday said it will foray into IoT driven products, in collaboration with Chinese firm Tuya Smart, and is eyeing a revenue of Rs 200 crore next year.

The company plans to launch a range of products including smart door bells, smart switches, smart IR and smart air purifiers among others in December, in a phased manner, the company said.

It will be investing Rs 25 crore in research and development and marketing activities for the same.

"We are looking at capturing two million homes in the next one year and we will target a revenue of close to Rs 200 crore by next calendar year," Syska Group executive director Gurumukh Uttamchandani told PTI here.

He added that the smart home product industry in the country is estimated to be USD 850 million growing at 30 per cent. The company will be looking at the top 10 cities initially for the launch of the products.

"We will definitely look at whatever products we are currently manufacturing and turn them into smart. That was the thought process starting with LED bulbs and LED lights," he added.

Syska has tied-up with Amazon Echo and Alexa and Google Assistant for voice control of all the smart home products.

Uttamchandani added that company will also be introducing bluetooth mesh technology that will allow users to connect more than 100 devices at one time using smart phone.

The company added that once it gets it sales up there, it will look at backward integration and manufacture the products here.

Got any questions? I'm happy to help!