Bajaj Elec eyes Rs 1050 cr turnover in FY'07
Bajaj Electricals expects to achieve a turnover of Rs 1050 crore in FY ’07. The management expects to show an overall topline growth of 33% on the back strong growth shown in its business of lighting (40%), appliances (40%), fans (30%), luminaries...
Bajaj Electricals has an order book of Rs 275 crore as at end of Nov ‘06, as per the management. The company also announced tie up with a UK based company ‘Helver’ to act as a brand licensee for distributing products like lighting controls and dimmable ballasts. In the past, it had tied up with Trilux Lenze of Germany for distribution of Trilux products. Trilux is in the business of technical lighting and medical technology products. Bajaj Electricals have launched the 'Ambience' and 'Le Magique' range of products.
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