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2003-2004 - Cgglobal.com

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It has also responded to the market requirement of energy saving lighting systems<br />

through its T5 range of luminaires, which produce 30 per cent more light than<br />

<strong>com</strong>parable products, for both <strong>com</strong>mercial and residential applications.<br />

The Fans and Lighting business acquired Superbrand status, a Unique Recognition<br />

amongst the country’s 134 selected brands by Superbrands, UK. The Light Sources<br />

Division is one of the few business Units in India’s lighting Industry to achieve dual<br />

certification of ISO 9001:2000 and ISO 14001.<br />

Although the Pumps Division has grown during the year, it continues to experience<br />

intense <strong>com</strong>petition from the unorganised sector. Efforts however continue, to<br />

achieve lower costs in all product offerings. The Mini – II pumps received approval<br />

from CSA, Canada which will facilitate International sales.<br />

(Rs. Crores)<br />

Year Sales PBIT<br />

<strong>2003</strong>-04 611.88 53.62<br />

2002-03 533.35 42.95<br />

2001-02 491.89 41.75<br />

2000-01 462.93 2.32<br />

As mentioned in last year’s Annual Report, exports is not a thrust area for this SBU.<br />

However, to maintain a presence in the International market, prestigious orders for<br />

fans continue to be pursued.<br />

The orders received during the year aggregated to Rs. 621 crores versus Rs. 533<br />

crores in the previous year.<br />

During the year the SBU executed several significant orders, notable among them :<br />

Customer<br />

Reliance Energy Limited<br />

Bharat Heavy Electricals Limited<br />

Kumbhmela - Ujjain, Nasik and Haridwar<br />

National Stock Exchange of India Limited<br />

Rashtrapati Bhavan<br />

BSES Rajdhani Power Limited<br />

Municipal Corporation of Delhi<br />

Product<br />

Street Lights and Sodium Vapour Lamps<br />

Mirror Optics and Well Glass<br />

Street Lights and Sodium Vapour Lamps<br />

Façade Lighting<br />

Illumination of tennis court<br />

Street Lights<br />

Open Well and Submersible Pumpsets<br />

The number of permanent employees with this SBU, which was 957 at the beginning<br />

of the year, decreased to 770 at the year-end, mainly on account of re-grouping of<br />

certain functions between the Consumer Products Group and Corporate.<br />

45

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