HPL eyes 10% switchgear market share from Gujarat

Image
BS Reporter Mumbai
Last Updated : Feb 18 2013 | 9:32 PM IST
Leading electric meter and switchgear manufacturer HPL Group, which recently forayed into the Gujarat market with its 'Smart' brand of modular switches, expects to garner a 10 per cent market share in the state. The company recently added new products like modular switches and specialised accessories to its existing product range of meters, lighting solutions and wire cables in Gujarat.

"HPL has always enjoyed a good presence in Gujarat and with the launch of Modular Switches and accessories, we are looking to further improve our presence and market share in this region. We are eyeing a 10 per cent market share from Gujarat at Rs 12 crore per annum turnover contribution from the state," said Gautam Seth, joint managing director, HPL.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 18 2013 | 8:43 PM IST

Next Story