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    Retail chain from Khaitan Electricals


    Khaitan Electrical Limited is set to introduce yet another retail format. The company will launch Elmart, a chain of retail outlets to sell all kinds of electrical products. The first Elmart is expected to open soon in Kanpur.

    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

    “All the electrical products would be sold under one roof through these outlets,” said, Sunil Khaitan, vice-chairman, Khaitan Electricals.

    The company already has retail presence through its chain outlets — Khaitan city and Khaitan fantasy selling exclusively its own products.