Home Retail Khaitan to expand its range of products

    Khaitan to expand its range of products

    By  
    SHARE

    is planning to start manufacturing non-electrical consumer products. In addition to this, it will also roll out over 200 exclusive Khaitan City outlets across the country by the end of 2007. It plans to launch whole new range of products like pressure cookers, rice cookers and food processor to increase its market presence.

    Khaitan Electricals to be declared as a sick unit by BIFR
    On May 28, 2016, Khaitan Electricals had informed that its accumulated losses had exceeded the net worth as on March 31, 2016 and therefore it has become a sick industrial company

    The company’s biggest money spinner is its fans business, where it has over 14 per cent market share. The company is looking to take its turnover to over Rs 500 crore with the help of and new products.