Novo aims to enhance quality of life for Indian consumers and businesses through innovative technologies. It identifies niche products and works with international companies to launch them in India through joint strategies. Novo offers its infrastructure and expertise to manage operations and help companies establish brands in India. It has experience introducing European companies like Regent Lighting and developing their pan-India sales and support networks. Novo focuses on segments like connected homes, central vacuums, and Swiss LED lighting through various business units tailored to market segments.