V-Guard Industries is planning to expand in northern, eastern and western regions of the country as it aims to garner over 60 per cent revenue from these regions in the next five-six years. Currently, these regions contribute around 42 per cent of the business of the company, which is into manufacturing consumer electrical and electronic goods.
The company is also investing in manufacturing and is setting up new plants in Uttarakhand, Sikkim, and Hyderabad. It is investing more than Rs 400 crore over a period from 2019 to 2024. The company is expanding its product portfolio and also enhancing its distribution footprints.
V-Guard Industries manufactures a range of products namely voltage stabilizers, pumps, electric water heaters, solar water heaters, cables, UPS, ceiling fans, etc.
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