Connect with us


Compact Lamps revenue Rs 1k-cr target in the next three years


Compact Lamps Private Limited, the parent company of brand ‘Orkus’, aims to achieve a revenue of Rs 1,000 crore in the next three years with projections of 30 per cent share from its flagship brand ‘Orkus’ only.

According to a press release, Compact Lamps has rolled out an array of exclusive LED products that include bulbs, panels, spot and tub lights, among others. The company has initially targeted to invest over Rs 100 crore in the next three years to ramp up its LED manufacturing facilities, capabilities as well as the promotion of the new brand.

The release said with its wide network of channel partners, indigenous facilities, strong marketing and promotion, competent R&D & proactive sales and service, ‘Orkus’ has already created strong footprints in the domestic LED market.

To expedite its expansion, Orkus has envisioned a grand pan-India promotion plan based on consumer psychography and customer needs and lighting aspirations. After registering its strong presence in the North, the company has recently forayed in the South through a dealers meet in Coimbatore, Tamil Nadu.

Speaking about the company’s immediate expansion plans, Kapil Gupta, MD, Compact Lamps Pvt. Ltd., said, “We are all set to revolutionise the LED lighting landscape in India with our wide and unmatched range of superior ‘Orkus’ LED products pan-India. Besides expanding our market into metro cities, we are also focusing on developing and strengthening our dealers’ network in Tier-II and Tier-III cities.”


Latest News

News24 hours ago

Central Park’s Bignonia Towers in Sohna Achieves Rs 500cr Sales Bookings 

New Delhi, 14th June 2024: Bignonia Towers by Central Park in in Sohna has recorded sales bookings of Rs 500...

News24 hours ago

Author Ashwinder R. Singh Launches His Third Book, “Master Commercial Real Estate”

June 14, 2024: Ashwinder R. Singh, acclaimed for his insightful contributions to real estate, launched his third book, “Master Commercial...

News24 hours ago

Grade A Office Spaces Demand Growing at a Brisk pace, 164.3 Mn Sq Ft Added Since 2021

June 14, 2024: India’s office market is undergoing a profound transformation, reflecting the country’s robust economic growth, demographic advantages, and...

News1 day ago

Real Estate Sector Needs to Gear Up for New Housing Challenges Until 2029, With Rain Harvesting as a Core Element for Housing Projects: HUA Additional Secretary

New Delhi, June 14, 2024: Additional Secretary of the Ministry of Housing and Urban Affairs, D Thara, on Friday asked...

News2 days ago

Tier-2 Cities Closing the Gap with Top-8 as Property Prices Surge by 10-15% in Prime Areas: Report

New Delhi, June 13, 2024: has released its inaugural “The Bharat in India” report on Thursday. The report unveils...

News2 days ago

Housing Prices Soar 13% CAGR as Inflation Moderates to 5.4%: ANAROCK Report 

Mumbai, June 13, 2024: Inflation, the gradual increase in the general prices of goods and services, erodes the purchasing power of money...