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V-Guard Industries launches ‘smart’ series of inverters

24 Nov 2017 Evaluate

V-Guard Industries has launched ‘smart’ series of inverters that enable users to access its various functions from a mobile phone/device. The consumer electrical and electronics appliances maker is expecting to cross Rs 300 crore revenue from its inverter division by March 2018.

The company will launch solar smart (off-grid) inverter by March 2018 and the solar smart on-grid system will be launched during next fiscal.

V-Guard industries manufactures a range of products namely voltage stabilizers, pumps, electric water heaters, solar water heaters, cables, UPS, ceiling fans, etc.


Peers
Company Name CMP
Waaree Energies 2513.10
Apar Industries 15733.90
Havells India 1098.35
Suzlon Energy 40.34
Siemens 3611.05
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