HPL eyes 10% switchgear market share from Gujarat

Last Updated: Mon, Feb 18, 2013 20:55 hrs

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.

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