Francesco Muggeri, Director of Power Discrete Devices and Sub Analog Products Division of STMicroelectronics Asia Pacific, stated: “With strong industry and government support and investment, India is making efforts to build a smart city. By working closely with Velankani, we are embedding on one chip. All the functions needed for high-performance smart meters. Velankani's smart meters are based on market-tested STCOMET system chips. Its multi-core architecture meets India's demand for reliable, advanced technology. 'Kiran Shah, General Manager of the Velankani Group, said:' Technology is India's driving force for change and development, our vision is to enable everyone to use advanced technology. Velankani Group is a single source provider of unified technology content platform, affordable technology for all levels of society. Velankani and STMicroelectronics The cooperation has demonstrated how technology can truly change and realize an environment that allows India to grow faster. 'Allen Lagasca, STMicroelectronics Greater China, South Asia, India and South Korea (Asia Pacific), PDSA System Engineering and Strategic Planning Business Development Application Director, added: 'Through the development of innovative microelectronics products and solutions, Law Semiconductor is actively influencing people's lives. Smart homes and smart cities are the main frameworks of STMicroelectronics' strategy. This coincides with India's plan to develop smart cities across the country.