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Monday, November 12, 2007

ET Invest - Market Statistics

ET Invest - Market Statistics

Compact Fluorescent Lamps (CFLs) Project

Expanding its reach to providing more products in electrical solutions, the Company launched `Finoglow`, its brand of CFLs, during August 2006. Finoglow is an energy saving lamp. It can save upto 80% energy as against an incandescent lamp. Available in retrofit and non-retrofit range, CFLs are available in different colours, wattage and sizes. Finoglow CFLs have a high colour rendering index which gives true colour lighting. The market response to CFLs has been positive.

The government is considering to ban use of GLS (incandescent) lamps to help in reducing global warming. CFLs will substitute for GLS lamps. Considering the immense growth potential, the Company is planning for substantial expansion of manufacturing capacity for CFLs.

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