Local, foreign brands fighting to grab electrical switch, socket market

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Business Desk :
Local and foreign brands are running neck and neck to capture the electrical switch and socket market across the country.
Though foreign brands still occupy more than 50 per cent market share of the electrical equipment, local brands are trying to edge out their foreign peers.
The industry insiders say electrical switches and sockets are particularly used in modern buildings, corporate houses, and the like across the country.
There are two categories of electric switch – Piano series and Gang series.
Around 80 per cent of the Piano series is manufactured by local brand and non-brand enterprises dominating the market, while in the case of Gang series, home and foreign brands each occupy 50 per cent market share.
Sources said electrical switches of Piano series are mostly used in rural areas and Gang series in urban establishments.

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