Bajaj Electricals, a trusted name in Indian households and a part of the Bajaj Group, has built a legacy of excellence since its establishment in 1938 by Jamnalal Bajaj. With over decades of innovation, the company has consistently delivered consumer-centric, aesthetically advanced and technologically superior products and solutions.
Headquartered in Mumbai, the company operates two primary businesses - Consumer Products (Appliances, Fans, Non-electrical Kitchen Aids) and Lighting Solutions (Consumer and Professional Lighting). Under their Lighting Solutions business, it offers a wide range of innovative LED lamps and fixtures, including panels and battens, to consumers and are known for their prowess in street lighting, sports lighting, industrial commercial and infrastructural lighting, and undertaking specialized illumination projects on a turnkey basis amongst other solutions. The company has a robust pan-India footprint, with several offices, distributors, retail outlets and consumer care centres. Its brand portfolio includes Bajaj, Morphy Richards, Nirlep and Nex, catering to a wide spectrum of Indian consumers.
With a deep-rooted commitment to sustainability, innovation and inclusive growth, Bajaj Electricals continues to enhance everyday living through meaningful products and responsible practices. The company's commitment to Corporate Social Responsibility (CSR) and philanthropy is channelled through the Bajaj Electricals Foundation. With a clear purpose of ‘Driving sustainable change, for a better tomorrow,’ the Foundation strives to create a better planet and a better life for all.
1938: The company was incorporated as Radio Lamp Works Limited under the Indian Companies Act, 1913 as a public company limited by shares, pursuant to a certificate of incorporation dated
1960: Subsequently the name of the company was changed to Bajaj Electricals Limited, pursuant to a fresh certificate of incorporation.
1964: Matchwell Electricals (India) Limited, (Matchwell), a manufacturer of electric fans became a subsidiary of the company and subsequently, with effect from July 1, 1984, the business and undertaking of Matchwell was amalgamated with the company.
1993-94: The company entered into a joint venture with Black & Decker Corporation, United States, for the manufacture and marketing of power tools, household appliances, and related accessories, through a separate company named Black & Decker Bajaj Private Limited, ('Black & Decker Bajaj').
1998: The company established a new manufacturing unit at Chakan near Pune and commenced operations for manufacturing fans and die-cast components. The production of fans at its manufacturing activities of the Matchwell unit also, was gradually shifted to its Chakan unit.
1999: The company established and commissioned a wind energy generation unit with an installed capacity of 2.8 MW at Village Vankusawade, Tal. Patan, District Satara, Maharashtra.
1999-2000: Black & Decker Bajaj became a 100% subsidiary of the Company upon the Company acquiring a further 50% of the shareholding thereof from Black & Decker Corporation, pursuant to which Black & Decker Bajaj was renamed as Bajaj Ventures Limited.
2000-01: The company set-up its manufacturing facilities including a fabrication unit and a galvanizing plant at Ranjangaon, near Pune for the manufacture of high masts, lattice towers, and related products, and the said manufacturing facilities commenced commercial production with effect from April 1, 2001.
2002: The company entered into a technical collaboration and brand licensing agreement with Morphy Richards, United Kingdom, for the sales and marketing of electrical appliances under the brand name of 'Morphy Richards' in India.
2002-03: The company divested 50% of its shareholding in Bajaj Ventures Limited and Bajaj Ventures Limited ceased to be a subsidiary of the Company. The Company also discontinued manufacturing die-cast components.
2005: The company entered into a Distribution agreement with Trilux Lenze of Germany for high end technical lighting.
2007: The company has acquired 32% of the share capital of Starlite Lighting Limited, a company engaged in the manufacture of Compact Fluorescent Lamps ('CFLs').
2017: With an objective of creating innovative products that offers best solutions to consumers, a modern R&D centre ‘AB SQUARE’ was set up at Navi Mumbai.
2018: The company completed the acquisition of cookware brand Nirlep Appliances with 79.85 percent stake purchase. Nirlep has become a subsidiary of Bajaj Electricals.
2019: With the commissioning of the 400kV Monopole in Noida, under UPPTCL, Bajaj Electricals has become a pioneer in long distance 400kV monopole line construction, with in-house ‘concept to commissioning’ capabilities, both in the domestic as well as international front.
2021: Bought the remaining stakes of Starlite Lighting (SLL) for a cash consideration of around Rs 60 crore from its promoters.
2021: Signed a logistics optimisation and outsourcing contract with Mahindra Logistics worth over Rs 1,000 crore.
2021: Launched new range of water heaters with advanced features like 'Child Safety mode' and 'Auto Shut Off' technology exclusively catering to the safety requirements of consumers.
2022: Incorporated wholly-owned subsidiary company namely ‘Bajel Projects’ on January 19, 2022.
2022: Extended its trademark agreement with United Kingdom-based Morphy Richards for usage of the Morphy Richards trademark for a further fifteen years with effect from July 01, 2022.
2022: Entered into partnership with wtec, a global developer of technology dedicated to innovation, reducing environmental impact, and enabling smart building use cases throughout the built space.
2022: Awarded a supply of goods/services contract by Power Grid Corporation of India (PGCIL), aggregating to Rs 332.65 crore.
2023: Introduced a new range of Mixer Grinders featuring industry-first 'Military Grade Jars'.
2025: Launched robust range of switchgears encompassing of Miniature Circuit Breakers (MCB) and Residual Current Circuit Breakers (RCCB), Isolators, Changeover Switches and Distribution boards (DBs) designed to deliver enhanced safety, precision, and ease of installation.
2026: Signed definitive agreement to acquire the intellectual property and brand rights of Morphy Richards in India and select South Asian markets for a consideration of worth Rs 141.4 crore.
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