Type | Public (BSE: 500031) |
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Industry | Electrical |
Founded | July 14, 1938 |
Headquarters | Mumbai, Maharashtra[1], India |
Key people | Shekhar Bajaj, Chairman & Managing Director,[2] Mr Anant Bajaj, Executive Director[3] |
Products | CFL Bulbs, Fans, Poles & Tubes |
Revenue | 2,231.49 crore (US$423.98 million)[4] |
Parent | Bajaj Group |
Subsidiaries | Starlite Lighting |
Website | Official Website |
Bajaj Electricals Ltd (BEL) (BSE: 500031) is Indian consumer electrical products manufacturing company based in Mumbai, Maharashtra.[5] It is a part of the 30,000 crore (US$5.7 billion) Bajaj Group. It has diversified with interests in lighting, luminaries, appliances, fans, LPG based Generators,[6] engineering and projects. It main domains are lighting, consumer durables, engineering and projects. Lighting includes lamps, tubes and Luminaries. Consumer durables include appliances and fans. Engineering and projects includes transmission line towers, telecommunications towers, highmast, poles and special projects, and others include die casting, Wind energy & Solar energy.[7] Some notable project includes lighting works at the Commonwealth Games stadium and the Bandra Worli Sea Link[3]
It has 19 branch offices spread in different parts of the country with a chain of about 1000 distributors, 4000 authorized dealers, over 4,00,000 retail outlets and over 282 Customer Care centers.
It was incorporated in July 14, 1938 as Radio Lamp Works Limited under the Indian Companies Act, 1913 as a Public company limited. On October 1, 1960 it was renamed to Bajaj Electrical Limited.[8] In 1964, company took over Matchwell Electricals (India) Limited, a manufacturer of electric fans.
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