Torrent Group has announced a major investment (around ₹1,000–₹1,200 crore) to expand its electrical goods manufacturing business under Torrent Electricals.

Key Highlights:

• The investment is aimed at expanding manufacturing capacity of electrical products like:
  • Wires & cables
  • Switchgear (MCBs, RCCBs, etc.)
• The company is entering the FMEG (Fast-Moving Electrical Goods) segment to serve:
  • Residential
  • Commercial
  • Industrial markets
• Focus areas include:
  • Safety and reliability
  • Advanced technology
  • Strong distribution network across India

Purpose of Investment:

• • To increase production capacity and meet growing demand
  • To expand into new markets like Maharashtra and other states
  • To build a strong consumer-facing (B2C) electrical brand

Business Strategy:

• • Diversification beyond power, gas, and pharma
  • Focus on consumer electrical products (wires, switches, switchgear)
  • Strengthening India’s infrastructure and housing growth demand