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Surya enters into Home Appliances Business

08 Oct 2014 Evaluate

Surya Roshni, a leading lighting company has entered into a Home Appliances Business by launching Home Appliances in the Indian. The range of products launched in the first phase are Water Heaters / Room Heaters, Dry Irons, Steam Irons and Mixer-Grinders. The company’s Appliances segment is likely achieve the same level of success as in Fans, and will achieve target of about Rs 200 crore in 2-3 years period from this business.

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).

Peers
Company Name CMP
JSW Steel 1171.60
Tata Steel 172.30
Steel Authority 171.00
Jindal Stainless 704.00
APL Apollo Tubes 2156.15
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