We believe that these initiatives of the Government will drive the demand for domestic and industrial electric equipment, including for electric equipment that we manufacture. Further, increasing urbanisation in India coupled with rising household income levels have resulted in progressively increasing demand for residential real estate, which has been a significant consumer for variety of low transmission electrical products and lighting solutions. The capacity addition in the real estate sector is expected drive the entire value chain of the electrical 132 industry and will provide a base for significant product and service innovations in the future. Also, the ‘Housing for all' initiative is expected to give a thrust to the electrical equipment industry in India, and affordable housingis expected to promote innovation into low cost and affordable electrical solutions. (Source: Frost & Sullivan Report)

Can you please tell us about your manufacturing facilities and their recent upgradation?
Presently, we have six manufacturing facilities located across the states of Haryana and Himachal Pradesh. Our manufacturing process capabilities include design and product development, component design, tool making and commercial production. As on March 2015, our aggregate installed capacity for manufacture of meters was six million, switchgears was 16.51 million, for lighting equipment was 26 million and wires and cables was 194.40 millions. We have consistently undertaken expansion of our manufacturing facilities in the past with a view to capture increasing demand in the future. We believe that our manufacturing facilities enable us to expand our operations with ease to meet future demand at minimized cost of expansion. Additionally, our manufacturing facilities are equipped to manufacture customised products for our institutional customers and undertake modifications in our products for OEMs and other corporate customers.

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