An inverter battery manufacturing unit will be started in Hosur, near Bangalore, by Luminous Power Technologies next month. With an investment of Rs 50 crore, it will start with an initial production capacity of about 2 lakh units a year, the company stated.
Luminous has 2.5 hectare factory at Hosur, which is its eighth production unit. Its other units are in Himachal Pradesh and Pune.
Luminous, which makes a range of electrical appliances for homes and inverters, including for solar power application, and batteries under the Luminous brand, will concentrate on the fast-growing southern markets, the company said.