Bathroom and lighting solutions provider Jaquar Group is targeting to scale its lighting business revenue to Rs 1,700 crore in the next three years, according to a senior company official. The company, which has a portfolio that includes LED, commercial, outdoor, architectural and facade lighting, besides consumer lighting such as bulbs and tube lights, plans to expand its outdoor and landscape portfolio, along with architectural indoor lighting. "Over the next three years, we aim to scale the lighting business to Rs 1,600 crore to Rs 1,700 crore in revenue," Jaquar Group Director-Lighting, Ranbir Mehra told PTI. He was responding to a query on the growth prospects of the lighting business of the Jaquar Group. Jaquar Lighting contributes 8-10 per cent to Jaquar Group's overall revenue, said Mehra, who is a third generation of the promoter family of the group. The group had reported a total turnover Rs 7,493 crore in FY 2024-25. It is targeting USD 1 billion (approximately Rs 8,30
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'Talented students coming out of training institutes like ITI will write a new chapter in the future,' he said
The firm, which invested around Rs 200 crore in capex for the units, expects additional employment to range between 1,500 and 2,000 workers at full production
As of date, the net worth of Rajesh Mehra is estimated at $1.5 billion. The company has an annual turnover of over Rs 3,588 crore and is expected to grow further in revenue in the near future
Jaquar also has plans to introduce its value segment Essco in the later stage