Bajaj Electricals Enters Wires Segment to Expand Lighting Solutions Business
3 hours agoBusiness
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Bajaj Electricals Enters Wires Segment to Expand Lighting Solutions Business

Bajaj Electricals announced its entry into the wires business under its Lighting Solutions segment to diversify operations and tap growing demand. The company plans to launch products soon and will determine investment based on market potential and operational factors. This move follows steady growth in the wires industry driven by infrastructure and electrification trends. Despite a 23.6% profit decline in Q2 FY26, the Lighting Solutions segment showed strong revenue growth and improved margins, supporting the strategic expansion.

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