Jagan Lamps Ltd has expanded its product portfolio to include auto spare parts and accessories, complementing its lighting business. Distributed through existing networks, the move aims to boost revenues and diversify offerings. With 33 years of expertise, the company is positioning itself as a full-spectrum automotive solutions provider.
Jagan Lamps Ltd, a leading manufacturer of automotive lighting solutions, has announced a major expansion of its product portfolio by introducing auto spare parts and accessories. Known for its halogen, LED, and HID lamps, the company is now diversifying into complementary automotive components to strengthen its market presence.
Key highlights from the announcement:
The new range includes wipers, electrical parts, and other accessories, broadening Jagan Lamps’ offerings beyond lighting.
Products will be distributed through the company’s existing domestic and international networks, ensuring seamless integration with its current business model.
This strategic move is expected to boost revenues in the medium to long term, as demand for reliable spare parts continues to grow in India’s expanding automotive market.
Jagan Lamps, with over three decades of industry expertise, aims to leverage its reputation for quality and innovation to capture new customer segments.
Analysts view this diversification as a resilience strategy, helping the company reduce dependence on the competitive lighting segment while tapping into the broader auto components industry.
By expanding into spare parts and accessories, Jagan Lamps is positioning itself as a comprehensive automotive solutions provider, reinforcing its growth trajectory.
Sources: ScanX News, Jagan Lamps Official Website