Lesol City builds ₹1,000 cr Make-in-India play through distressed electronics asset buys

Mumbai-based Lesol City has scaled to ₹138 crore by acquiring distressed electronics assets including BAG Electronics, Renesola's consumer electronics and Usha Shriram lighting rights, targeting ₹1,000 crore via EMS, EV electronics and consumer electrical expansion, with potential IPO.

Reported figures

From the report. Source details below

₹1,000 crore 3-4 year target

Also in the report

  • ₹200-250 crore FY26 target
  • 40,000-50,000 BMS units/month

Other figures

  • ₹40 crore invested
  • ₹5-10 crore BMS capex
  • ₹25 crore FY27 capex

The source

Source Read the source at The Hindu BusinessLine

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