Business Daily from THE HINDU group of publications
Thursday, Dec 18, 2008
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Business Daily from THE HINDU group of publications Thursday, Dec 18, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Corporate
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Environment Surya Roshni to replace traditional bulbs with eco-friendly lamps Surya Roshni has launched a nation-wide campaign for creating awareness about conserving energy and educate more than one lakh retailers on the use of energy efficient lamps. Our Bureau Hyderabad, Dec. 17 Surya Roshni Ltd has decided to reduce the production of traditional bulbs in a phased manner and replace it with more eco-friendly lamps due to increasing environmental concerns. “The European Union has drafted a plan to switch over to low-energy bulbs from high power consuming bulbs by 2011-12, so we too decided to convert to a energy efficient lamp manufacturer by gradually cutting down production of traditional bulbs,” Mr Jaiprakash Agarwal, Chairman and Managing Director, Surya Roshni Ltd, said while addressing a press conference here on Wednesday. He added that the company has already begun the process for large scale production of energy-saving lamps at its two units located in Kashipur in Uttarakhand and Malanpur near Gwalior. Mr Agarwal, however, did not give any time-frame for stopping the production of conventional bulbs. Nation-wide campaignHe also said that Surya Roshni has launched a nation-wide campaign for creating awareness about conserving energy and educate more than one lakh retailers on the use of energy efficient lamps. “This campaign will help in reducing electricity bills and Greenhouse emissions,” he added. The company currently has a 25 per cent market share in domestic lighting products market. It exports its products to around 45 countries. New productsMr Agarwal also said that the company is looking at adding 16 new products in the near future. “Major expansions have been planned in high mast, sodium lamps, energy efficient lighting products for various sectors including highways, sports facilities and housing,” he said. The company currently has a production capacity of 25 million Compact Fluorescent Lamps (CFLs) but intends to increase this to 60 million in the next two years. Turnover targetSurya Roshni is targeting to achieve Rs 1,500 crore turnover from lighting and lighting components in the next three years, from Rs 500 crore, Mr Agarwal said. New tube lights from Surya Roshni Surya Roshni on expansion spree More Stories on : Environment | Electrical Goods
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