Transrail Lighting Aims for 10% Market Share Growth
Transrail Lighting, a key player in the transmission and distribution sector, aims to maintain and potentially increase its 8-10% market share this year with Power Grid Corporation. The company's order book shows significant growth, and it expects revenue visibility for up to 30 months.
- Country:
- India
Transrail Lighting, a notable player in the transmission and distribution sector, is targeting an 8-10% market share in contracts with Power Grid Corporation this year, according to company officials.
Power Grid Corporation of India Limited, the nation's largest power transmission utility, has laid out a substantial capital expenditure plan for the coming years, aiming to enhance infrastructure and capacity.
Amidst this backdrop, Transrail Lighting has exhibited robust growth, reporting a significant increase in its order book and setting sights on new international markets, signaling a strong trajectory towards sustained success.
(With inputs from agencies.)
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