Jagan Lamps Ltd

💡 Jagan Lamps Expands Production Capacity with 32.4 Crore Halogen Bulb Machinery Acquisition

• Jagan Lamps Ltd. is acquiring machinery from Tungsram Operations Kft. in Hungary to manufacture halogen lamps.

• The expansion will increase annual production capacity by approximately 32.4 crore (3,240 Lacs) halogen bulbs.

• This move aims to enhance operational efficiency and support long-term growth by meeting rising market demand.

• Completion of the acquisition is expected within 60 days, subject to standard conditions and delivery timelines.

• Tungsram Operations Kft. is a historic European lighting brand with a global presence and a reputation for premium quality products.