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V-Guard Industries introduces new range of water heaters

30 Jul 2013 Evaluate

V-Guard Industries has introduced a new range of water heaters styled Pebble in the market. It is offering these water heaters in two variants comprising 6, 10, 15 and 25 litres capacity with 5-star rating for power efficiency. With this initiative, the company has strengthened its position in water heater market having a market size of over Rs 700 crore in the organised segment.

V-Guard Industries manufactures a range of products namely voltage stabilizers, pumps, electric water heaters, solar water heaters, cables, UPS, ceiling fans, etc. The company also conducts research and development initiatives for electronic products, electric geysers, electro-mechanical products, electrical wires and solar water heaters.

Peers
Company Name CMP
Waaree Energies 2441.00
Apar Industries 14581.40
Havells India 1121.60
Suzlon Energy 39.05
Siemens 3655.45
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