This paper addresses the problem of designing an autonomous robot for the purpose of navigating in the sensitive areas, keeping focus on localization of the robot. If a robot doesn't know its current location, it is very difficult to determine its further activities. Thus, localization plays a vital role in building an efficient mobile robot. This paper mainly focuses on design and implementation of OI-ROBOT (Object Identification Robot) which mainly comprises of fish eye lens camera to obtain Omni-directional vision, Sensors, to identify the position of the robot and an embedded micro controller that takes charge in target recognition and distortion rectification. The experimental results demonstrate the navigation and selflocalization of the mobile robot. This Robot also helps in fire detection and can be easily available through an Andriod phone or Internet.