Lighting firm Surya Roshni is targeting to achieve revenue of Rs 500 crore from the light-emitting diode (LED) segment in the next three years. The company entered the LED business last year by investing around Rs 50 crore, and is looking to invest more as it sees this segment as the future of lighting.
In 2013-14, the contribution of the lighting segment was Rs 1,200 crore in its total earning of Rs 4,000 crore.
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).
