+
Luminous Power Tech plans new plant in eastern India
POWER & RENEWABLE ENERGY

Luminous Power Tech plans new plant in eastern India

Luminous Power Technologies, a subsidiary of France’s Schneider Electric, plans to invest Rs 5 billion in expanding its battery production capacity, including setting up a new manufacturing unit in the eastern part of India, the company’s managing director and chief executive Preeti Bajaj said.

In a media interview, Bajaj said the proposed investments would boost Luminous Power Technologies’ battery capacity by more than 50 per cent in the next few years.

She said the company recently opened a manufacturing unit in Haridwar, Uttarakhand, and plans to set up a new manufacturing plant in the eastern part of the country. “We are still contemplating on the exact location,” she added.

Bajaj, who joined Luminous Power Technologies as CEO and MD in July this year, said capacity expansion and technological innovation would be priorities for the company in the coming years.

“Today we are focused on home consumers with power backup solutions. We believe that there is an opportunity to bring to the consumer trusted advisory, brand assurance, good quality service and good quality products for solar as well. That is certainly a lever of growth that we are focused on,” she said.

Bajaj expressed confidence in the growth potential of the Indian power backup market. “India’s potential for rooftop solar is estimated at 200 gigawatts. A lot of that is in the commercial and industrial segment, but home is also significant. That seems to be an opportunity area because Luminous is focused on home consumers,” she said.

Luminous Power Technologies, a subsidiary of France’s Schneider Electric, plans to invest Rs 5 billion in expanding its battery production capacity, including setting up a new manufacturing unit in the eastern part of India, the company’s managing director and chief executive Preeti Bajaj said. In a media interview, Bajaj said the proposed investments would boost Luminous Power Technologies’ battery capacity by more than 50 per cent in the next few years. She said the company recently opened a manufacturing unit in Haridwar, Uttarakhand, and plans to set up a new manufacturing plant in the eastern part of the country. “We are still contemplating on the exact location,” she added. Bajaj, who joined Luminous Power Technologies as CEO and MD in July this year, said capacity expansion and technological innovation would be priorities for the company in the coming years. “Today we are focused on home consumers with power backup solutions. We believe that there is an opportunity to bring to the consumer trusted advisory, brand assurance, good quality service and good quality products for solar as well. That is certainly a lever of growth that we are focused on,” she said. Bajaj expressed confidence in the growth potential of the Indian power backup market. “India’s potential for rooftop solar is estimated at 200 gigawatts. A lot of that is in the commercial and industrial segment, but home is also significant. That seems to be an opportunity area because Luminous is focused on home consumers,” she said.

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?