![]() Looking forward, the Luminous Home Electricals Business will be a strong addition to our new chapter of growth, by leveraging its valued capabilities including R&D strength, a state-of-art manufacturing facility, admired product portfolio and most importantly a dedicated and highly capable team and channel partner network. ![]() Speaking on the acquisition, Mr. Vivek Abrol, CEO – Consumer (FMED) Business, RR Kabel, said, “We are on an exciting journey of expanding a value added consumer centric business, which outpaced the industry growth in FY22 by over 3X. With the acquisition of Luminous, RR Kabel has become the first Indian company to acquire a global enterprise in the FMEG sector.Īlso Read: RR Kabel’s FIREX LS0H Wire Comes with a Promise of Quality and Safety Through this acquisition with Luminous HEB we hope to better deliver on our promise to our stakeholders across the country and to take our brand to the next level.” Considering that we are one of the fastest-growing companies in this sector, we have always believed in ensuring consistent innovation within our product portfolio to meet our customer expectation. Tribhuvan Kabra, Chairman, RR Global, added, “The acquisition of Luminous Home Electrical Business (part of Schneider group), is an important step in our overall growth strategy. As a major player and innovation leader in the wire and cable industry, we believe the acquisition will further our leading position in India’s fast-growing home electrical industry.” At RR, we have always upheld the highest quality and safety standards for our customers, and Schneider’s faith in transferring their home electricals business to us stands as a testament to that. Leveraging each other’s strengths – especially in technological expertise, skills and capabilities – we are confident the collaboration will help expand our services and create greater value for all of our customers. Speaking on the acquisition, Mr. Shreegopal Kabra, Managing Director & group president, RR Global, said, “We are delighted to welcome the Luminous Home Electrical team and associates into the RR Global family and embark on a new journey together.
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