Jagan Lamps has planned for capacity expansion by the end of Financial Year 2021-22. The company is expected to operate at 65-70% capacity utilization, which will give the company bandwidth to grow business for another 2-3 years at minimal capital expenditure (capex).
The capacity expansion will make the company one of the largest manufacturers of automotive bulbs in India with widest range under its portfolio. The proposed capex in plant and machinery, utilities and other related infrastructure will be financed by mix of internal accruals and debt.
Jagan Lamps is a leading manufacturer and exporter of Auto Bulbs, Halogen Bulbs, Head Lights, Automotive Electrical Spares and other related products of extremely high quality at competitive prices.
