Bajaj Electricals
India's electronic manufacturing may reach USD 500 bn by 2030
Bajaj Electricals Limited is a globally renowned and trusted company that is part of the US$ 100 billion multinational conglomerate Bajaj Group. The company's businesses span across Consumer Appliances and Lighting Solutions, while its Power Transmission and Distribution projects business has been demerged to form Bajel Projects Limited. The company was established by Mr. Jamnalal Bajaj in 1938, who built a rock-solid foundation based on Gandhian ideals. Even after 85 years, the brand is synonymous with trust and transparency. Over the years, the company has remained at the forefront of developing modern, technologically superior, and aesthetically pleasing products and solutions. Bajaj Electricals strives to offer world-class solutions to its customers from the moment they wake up to the moment they end their day.
Bajaj Electricals
| Year | Milestone |
|---|---|
| 2025 |
On November 24, 2025, Bajaj Electricals Ltd announced it is reviewing the future of its loss-making cookware division under the Nirlep brand, acquired in 2018, and exploring options including sale or hive-off to enable sharper focus on its consumer electronics core business. On September 24, 2025, Bajaj Electricals Ltd approved the acquisition of Morphy Richards brand rights for India and five neighbouring markets from Glen Dimplex Group for Rs. 146 crore, strengthening its presence in the premium small appliances segment. Bajaj Electricals launched a new range of switchgear products under the BAJAJ SECURA™ brand on August 7, 2025, targeting the domestic market with Miniature Circuit Breakers, Residual Current Circuit Breakers, Isolators, Changeover Switches, and Distribution Boards designed for enhanced safety, precision, and reliability. In March 2025, the company recorded its highest-ever monthly lighting output of 1.1 lakh equivalent lighting units, reflecting 42% year-on-year growth. During H2 2024-25, the Consumer Products business revenue grew by 5.6%, driven by strong demand for the Morphy Richards brand and domestic appliances such as air coolers, aided by revival of trade channels. In 2024-25, the company implemented ‘Project Vriddhi’ in consumer lighting, achieving double-digit value growth in 167 cities. |
| 2024 |
In December 2024, Bajaj Electricals’ Chakan plant achieved its highest-ever monthly ceiling fan production of 3.5 lakh units. |
| 2022 |
Bajaj Electricals demerged its power infrastructure business, creating a new entity called Bajel Projects. The company received orders worth over Rs. 400 crore (US$ 47.98 million) from the state-owned Power Grid Corporation of India. |
| 2018 |
Bajaj Electricals completed the acquisition of the cookware brand Nirlep Appliances, purchasing a 79.85% stake. Nirlep became a subsidiary of Bajaj Electricals, strengthening its presence in the premium home appliance and cookware segments |
| 2015 |
Bajaj Electricals Ltd. was awarded the Best Company in Integrated Building Management Solutions. |
| 2012 |
Bajaj Electricals partnered with Vector Consulting Group to revamp its supply chain. Mr. Anant Bajaj was appointed as the Joint Managing Director of the company. |
| 2005 |
Bajaj Electricals introduced a premium range of ceiling fans. The company entered into a distribution agreement with Trilux Lenze of Germany for high-end technical lighting |
| 1960 |
The company was renamed as Bajaj Electricals limited. |
| 1938 |
Bajaj electricals was incorporated as Radio lamp works limited under the Indian Company Act, 1913. |
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