Bengaluru : Luminous Power Technologies, a trusted brand in power backup and residential solar space Launched an all-new range of futuristic products for the coming summers, During the press conference here.Preeti Bajaj, Chief Executive Officer and Managing Director Luminous Pwer Technologies said, This comes in the wake of company’s concerted efforts to delight customers with smart, safe, energy-efficient and sustainable products.
Bajaj said, “Luminous has been at the forefront of offering power backup solutions for last 35 years. We have been pioneering, illuminating and delighting over 100 millions happy homes with our products that are tech-savvy, aesthetically designed and sustainable. Raising our bar this season too, we are happy to showcase our latest range of Power backup Products – The Icon Range and High Capacity Inverter Range strategically positioned to cater to residential and commercial segments respectively,” She added.
Icon is perhaps India’s first inverter with premium ultra-modern looks that come with unprecedented safety and convenience features. Portable, silent and aesthetically designed, can flaunt it in living room too! With a strong battery backup it is equipped to run the load of a 3 BHK home and showroom which constitutes the biggest market segment. The High Capacity Inverter is truly a technological marvel for the commercial users. A zero noise strong inverter, it will cater to offices, showrooms, banks, dental clinics, educational institutions, restaurants, salons, ice cream parlors etc., where higher capacity loads over 2KVA is needed. High Capacity Inverter can comfortably run heavy loads like air-conditioners, all kitchen appliances etc. A highly energy efficient inverter, the user gets 2-5 hrs of back up time. Being a strong system, it comes with the warranty period of 24 months.
Bajaj stated, “India is a high priority market for Schneider thanks to its huge growth potential viz. USD 20 billion market growing at 6% CAGR according to Niti Ayog. Luminous will play a pivotal role in boosting this significantly. We have an ambitious plan in place for an aggressive 12-15% growth in the next 3 years. We will be launching a host of futuristic products, setting up new manufacturing plants and expanding our robust channel network. On the product front, we will be launching new age Lithium ion battery, solar acceleration, high power inverters, etc. We will be setting up new greenfield plants, expand our geographic footprint, boost people and business partners development. We intend investing substantially on brand building, digitization and consumer engagement programs.” She said.
Delighted on the recent Rajasthan Royals’ (RR) association as their Title Sponsor in the current T20 Series 2023, “Neelima Burra, Senior VP and Chief Strategy, said, IPL and RR collaboration is very valuable as it will help us strengthen our brand in every household in India. This association between a brand that has transformed into a household name that aims to power happier homes through technology innovations and a cricket team whose mission is to ‘transform society through cricket, and cricket through innovation’, goes a long way in establishing a mutually beneficial partner ecosystem that can drive the ambitions of both the entities.
