New-Delhi-based Surya Roshni Ltd, a major lighting solution provider, is planning to invest Rs 100 crore in setting up a lamp manufacturing plant at Malanpur, Gwalior with an aim to attain Rs 1,500-crore turnover in the next three years.
The new plant, which will manufacture mainly CFL lamps, high masts and street lights, is expected to be commissioned by the end of 2009.
The firm plans to make 3 million lamps per month. The company already has two manufacturing plants - one each at Kashipur (Nainital) and Malanpur (Gwalior).