LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

Eveready Industries turns to Ujala for its LED vertical

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Updated: Mon, Aug 14, 2017
02:39 pm
PTI
RELATED NEWS
Monetary Policy announcements exhibit continuity and stability - Expert Ajay Bagga tells Anil Singhvi Monetary Policy announcements exhibit continuity and stability - Expert Ajay Bagga tells Anil Singhvi
RBI Monetary Policy Review: Shaktikanta Das led panel keeps policy rates unchanged RBI Monetary Policy Review: Shaktikanta Das led panel keeps policy rates unchanged
Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details
Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities
#GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here #GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here

Battery maker Eveready Industries is betting on the government's Ujala scheme to expand its LED lighting business with an aim to break into the big league in India.

The company's annual report for 2016-17 is a pointer to its aggressive plans of growing LED lighting operations by foraying into professional lighting B2B (business to business) with the launch of indoor and outdoor luminaires.

"We are also proactively bidding for government supply under the Ujala scheme," Eveready Industries Managing Director Amritanshu Khaitan said.

During the year, the company had executed government orders worth Rs 46.50 crore for LED lights.

The 110-year old company, which commands over 50 per cent market share in dry cell battery business, said it has set up separate sales and distribution channel to cater to electrical outlets and B2B customers.

On outlook, the battery maker plans to develop its own line of professional and infrastructural lighting solutions for office, industries, showrooms and road lighting.

Eveready Industries is set to focus on widening the electrical outlet network in the next two years through which it intends to capture growth in the lighting business.

Net sales from the LED category in 2016-17 stood at Rs 299.17 crore, which is expected to be a significant turnover growth driver in years to come.

The products in the segment include LED bulbs, tubelight batten sets, indoor luminaire range, LED street lights, LED flood lights and digital LED battery operated and solar lanterns.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Economy
RELATED NEWS
Monetary Policy announcements exhibit continuity and stability - Expert Ajay Bagga tells Anil Singhvi Monetary Policy announcements exhibit continuity and stability - Expert Ajay Bagga tells Anil Singhvi
RBI Monetary Policy Review: Shaktikanta Das led panel keeps policy rates unchanged RBI Monetary Policy Review: Shaktikanta Das led panel keeps policy rates unchanged
Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details Infosys Chairman Nandan Nilekani on India's Digital Economy I Kotak Institutional Equities highlights details
Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities Digital economy to outpace GDP growth, will result in 'competitive advantage period' for leaders in digital space highlights ICICI Securities
#GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here #GSTMakeItEasy: Facing GST related issues? Big initiative by Zee Business - Tweet your problems now! Check all details here

LATEST NEWS

Garena Free Fire redeem codes update: Check how to grab special redeem codes, free rewards and more

Lua PDF Allows You To Convert Your PDF Files More Efficiently

WhatsApp update: Android users to get new WhatsApp features soon - Check all details here

Discoms overdues fall to Rs 74,000 cr in March after release of 2nd tranche of liquidity package

FMCG players see spike in demand of hand sanitisers, disinfectants as COVID-19 cases surge

Maharashtra Class 10, Class 12 Board Exam News: Class 10 board exam CANCELLED, class 12 board exam POTPONED till THIS date - check all details here

Oppo A74 5G launched in India at Rs 17,990: Check Camera, Specifications, Bank Offers and More

PUBG update: Alert! PUBG Mobile India may release on THIS date? Here's all you need to know

Tourism is a vehicle for earning revenue and the government should support it: V Kamat, CMD, Kamat Hotels

Cadila Healthcare target price pegged at Rs 600 by Sharekhan, says stock in sweet spot

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved