Surya Roshni is aiming to achieve turnover of Rs 1,800 crore from its lighting division in the next four years. The company, which has recently forayed into the light emitting diode (LED) segment, is expecting a good traction from the new business. The company had revenue of Rs 1,125.77 crore from the lighting segment as on the financial year ended March 31, 2014.
The company has already invested Rs 20 crore in research and development (R&D) for LED and planning to put Rs 25 crore more within a year.
Surya Roshni (SRL), incorporated in 1973 is into the business of manufacturing electric resistance welded (ERW) steel pipes & lighting products, with facilities at Bahadurgarh (Haryana), Kashipur (Uttarakhand) and Malanpur (Madhya Pradesh).
