Jaquar Group Aims to Illuminate Global Markets with Ambitious Revenue Goals

Jaquar Group, a prominent bathroom and lighting solutions provider, is targeting significant revenue growth in its lighting business, aiming for Rs 1,700 crore in the next three years. The company plans to expand its outdoor and landscape lighting portfolio, driven by demand from infrastructure projects in the Middle East and Africa.

Jaquar Group, known for its bathroom and lighting solutions, is strategically targeting growth in its lighting division, aiming for revenues between Rs 1,600 crore to Rs 1,700 crore within the next three years. This expansion is driven by plans to bolster their outdoor and architectural lighting portfolios.

The group, which reported a turnover of Rs 7,493 crore for FY 2024-25, sees its lighting segment contributing 8-10% of its overall revenue. Director-Lighting Ranbir Mehra indicated that this arm of the business is poised for robust growth, estimating closing this year's financials near Rs 700 crore.

To support this growth, Jaquar Group is investing over Rs 100 crore in a new lighting plant in Bhiwadi, with further investments expected as lighting technologies evolve. The company is tapping into increased demand from government projects and infrastructure development, especially in the Middle East and Africa, where they anticipate export contributions to grow to 20%.

(With inputs from agencies.)