![]() Share PriceĪdani Ports & Special Economic Zone. In 2011, Schneider had acquired a 74 per cent stake in Luminous Power, and later acquired the remaining 26 per cent in 2017. Luminous operates seven plants and has a total installed capacity of 30 lakh battery, 36 lakh inverters and 12 lakh fans. Sabharwal said Luminous is a debt-free company and its growth has been funded from the internal accruals. Besides this, a major part of the investment will also be focused on strengthening the company's marketing and brand building initiatives," he said. "The remaining investment will be made in developing and strengthening existing plants in Himachal Pradesh. The company has planned an investment of Rs 500 crore over three years, in which Rs 50-100 crore would be for the Haridwar plant, to create an additional capacity of one lakh lead-acid batteries for inverters and the fan plant, to augment the capacity of 2 lakh fans per month. The company has almost achieved its pre-COVID-19 sales number, and Sabharwal said its sales in the second half were ahead from the preceding year on a month-on-month basis. "Our solar business and home electricals are the fastest growing businesses and are growing more than 20 per cent CAGR for the past 3-4 year and I believe this trend to continue," he said. Please click on the country abbreviation in. This company may be headquartered in or have additional locations in another country. "We have mapped the urban, semi-urban and rural portfolio for the solar segment and have a full product portfolio for that. Luminous Electric has 3 locations, listed below. Luminus Enters Collaboration with Australian Company BluGlass. In the solar segment, now, urban India is looking at solar products from the perspective of power-saving besides the rural and semi-urban areas, which use it as an energy source. Luminous Specifies Melanopic / Photopic Ratios (MRs) for New Human Centric Lighting LEDs. Luminous Power operates in categories as fan, lights and switches in the home electrical segment while in the solar segment, it has a portfolio that includes panels, batteries, controllers, UPS and inverters as well as calculators. "In fact, solar and home electrical businesses would be the front runner for the growth," he said. Sabharwal added that solar energy is a sunrise sector for Luminous and is the fastest-growing segment, with a 20 per cent CAGR, along with its home electrical business. ![]()
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