Bajaj Electricals has introduced premium segment of lighting range including LED lights in South India in a phased manner beginning from Hyderabad. The company has tied up with Megaman, a Hong Kong-based company and brought these products to India through Megaman.
Company’s products are manufactured in three factories in the country apart from being sourced from overseas partners. The consumer electrical equipments manufacturer aims revenue of Rs 551 crore from lighting business this year, registering a growth of about 30% over last year’s Rs 430 crore.
