ROKiT Partners With KPK For Innovative Products And Manufacturing In India With 500Cr Investment
ROKiT, a global conglomerate of cutting-edge products, technologies, drinks, and services, has partnered with Tamil Nadu's KPK to launch innovative products and manufacturing in India with an initial investment of 500cr. The joint venture will focus on delivering Consumer Electronics, Gaming, and Mental Health services, and will manufacture these products in India for global export. The partnership will create new job opportunities and fuel economic growth in India.
ROKiT's first product to be launched will be the ROKiT Eye-Q Smart Glasses designed to enhance audio through the eye-wear itself, followed by ROKiT WAGR, a skill-based real money gaming platform, and DISKUSS, a mental therapy app. Over the next six months, ROKiT has ambitious plans to launch more innovative consumer electronics in India, such as mobile phones and e-bikes, making ROKiT a major player in the Indian market.
ROKiT's Co-founder, Jonathan Kendrick, expressed excitement about expanding the company's operations in India, describing the partnership with KPK as an important milestone. KPK's CEO, S.Pranesh, added that the partnership will allow them to offer the best possible products and services to their customers while creating job opportunities and driving economic growth in India.
Representatives of the joint venture in India, Ravishankar Sokkar, and Anuj Birla of Rokit India, expressed their excitement about bringing innovative products to the Indian market through the partnership with KPK. They also reiterated their commitment to India and the creation of job opportunities and economic growth in the country.
In summary, ROKiT and KPK's partnership will bring cutting-edge products and manufacturing to India, with an initial investment of 500cr. The joint venture will focus on delivering Consumer Electronics, Gaming, and Mental Health services, and manufacturing these products in India for global export, creating job opportunities and driving economic growth in the country.
About ROKiT
ROKiT is a Los Angeles-based global conglomerate founded by Jonathan Kendrick and John Paul DeJoria. It is known for its innovative products and extensive sports sponsorships, with offices in the U.K., China, Albania, Bahamas, and more.
About KPK
KPK is a leading trade and retail company based in Tamilnadu, India. The company is involved in the wholesale and retail of fabrics, yarn, ready-made garments, textiles, mobile phones, metals, and bullion.
The company's CEO, S.Pranesh, is a forward-thinking person and has diversified the business into the Telecommunications field and the Hospitality sector.
