written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . april 2015 learn how and when to remove this template message bajaj electricals ltd. industry electrical equipment founded 14 july 1938 founder kamalnayan bajaj headquarters mumbai maharashtra 1 india key people shekhar bajaj chairman & md 2 mr anant bajaj joint managing director 3 products home appliances fans lighting & engineering and products 4 revenue 27.7 billion us 410 million 2011 5 parent bajaj group subsidiaries starlite lighting slogan inspiring trust website official website bajaj electricals ltd bel bse 500031 is an indian consumer electrical equipments manufacturing company based in mumbai maharashtra . 6 it is a part of the 380 billion us 5.6 billion bajaj group . it has diversified with interests in lighting luminaries appliances fans lpg based generators 7 engineering and projects . its main domains are lighting consumer durables engineering and projects . lighting includes lamps tubes and luminaires . consumer durables include appliances and fans . engineering and projects include transmission line towers telecommunications towers highmast poles and special projects and others include die casting wind energy & solar energy . 8 some notable project includes lighting works at the commonwealth games stadium and the bandra worli sea link 3 it has 19 branch offices spread in different parts of the country with a chain of about 1000 distributors 4000 authorised dealers over 400 000 retail outlets and over 282 customer care centres . history edit it was incorporated on 14 july 1938 as radio lamp works limited under the indian companies act 1913 as a public company limited . on 1 october 1960 it was renamed to bajaj electrical limited . 9 in 1964 matchwell electricals india limited matchwell a manufacturer of electric fans became a subsidiary of the company and subsequently with effect from july 1 1984 the business and undertaking of matchwell was amalgamated with the company . in the financial year 1993 1994 bajaj electricals entered into a joint venture with black & decker corporation united states for the manufacture and marketing of power tools household appliances and related accessories through a separate company named black & decker bajaj private limited black & decker bajaj . during the financial year 1999 2000 black & decker bajaj became a 100 % subsidiary of the company upon the company acquiring a further 50 % of the shareholding thereof from black & decker corporation pursuant to which black & decker bajaj was renamed as bajaj ventures limited . however in the financial year 2002 2003 the company divested 50 % of its shareholding in bajaj ventures limited and bajaj ventures limited ceased to be a subsidiary of the company . in january 1998 the company established a new manufacturing unit at chakan near pune and commenced operations of manufacturing of fans and die cast components . the production of fans at the manufacturing activities of the matchwell unit also was gradually shifted to the chakan unit . in september 1999 bajaj established and commissioned a wind energy generation unit with an installed capacity of 2.8 mega watts at village vankusawade tal . patan district satara maharashtra . the facility continues to run profitably till date . in the year 2000 2001 the company set up manufacturing facilities including a fabrication unit and a galvanizing plant at ranjangaon near pune for the manufacture of high masts lattice towers and related products and the said manufacturing facilities commenced commercial production with effect from april 1 2001 . in november 2002 the company entered into a technical collaboration and brand licensing agreement with morphy richards united kingdom for the sales and marketing of electrical appliances under the brand name of morphy richards in india . in the year 2005 the company entered into a distribution agreement with trilux lenze of germany for high end technical lighting . in the year 2007 the company acquired 32 % of the share capital of starlite lighting limited a company engaged in the manufacture of compact fluorescent lamps cfls . in 2012 2013 they have completely divested the stake and association with black & decker corporation usa . in 2015 bajaj electricals appointed onads communications a part of onads group as their sole creative partner . 10 references edit bajaj offices . bajajelectricals.com . retrieved 2011 01 28 . special correspondent 8 february 2010 . business news bajaj electricals to step up output in starlite . the hindu . retrieved 2011 01 28 . a b business line today s paper corporate bajaj electricals upbeat on engg projects business . the hindu business line . 18 october 2010 . retrieved 2011 01 28 . http www.bajajelectricals.com bse plus . bseindia.com . retrieved 2011 01 28 . bajaj electricals expresses interest in solar energy segment topnews . topnews.in . 24 january 2010 . retrieved 2011 01 28 . bajaj electricals launches lpg based generators . business standard.com . 11 january 2011 . retrieved 2011 01 28 . gaurav tikmani 24 january 2010 . bajaj electrical india s cleantech economy . indianenergytech.com . retrieved 2011 01 28 . history of bajaj electricals . bajajelectricals.com . retrieved 2011 01 28 . bajaj electricals appoints onads communication as their sole creative partner . . the hindu business lines . the hindu . retrieved sep 14 2015 . external links edit bajaj electricals gaining more power bajaj electricals cfl unit to increase capacity shishir bajaj exits bajaj electricals bajaj electricals to focus on energy efficiency bajaj group companies bajaj group bajaj auto bajaj electricals mukand ltd bajaj hindustan ltd bajaj consumer care ltd bajaj ventures ltd notable people jamnalal bajaj rahul bajaj kamalnayan bajaj retrieved from https en.wikipedia.org w index.php title bajaj 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