Company History - Jagan Litech Lamps
Jagan Li-Tech Lamps Limited was incorporated as a Public Limited
Company on 8th January, 1993 and obtained Certificate of Commencement
of business on 2nd February, 1993 from the Registrar of Companies,
Delhi & Haryana. The registered office of the company is in Delhi and
the proposed plant is to be located at Kundli, Distt. Sonepat
The Company entered into a foreign collaboration agreement, both
technical and financial, on 2nd April, 1993 with M/s Li-Tech
Corporation, South Korea for manufacture of H4 Type Halogen Lamps.
The collaborator is providing the Indian Company with technical
know-how for the manufacture of the product. Major raw materials and
plant and machinery for the proposed project are also being provided
by the collaborator. The Foreign Collaborator will also depute his
Technical personnel for training the personnel of the company in
functions relating to design & manufacture of products.
The Company expects to commence commercial production from April,
The company after obtaining certificate of incorporation has
finalised the arrangement with foreign collaborator, completed the
formalities for acquisition of land, obtained necessary approvals
from various authorities connected with the project and got the
limits sanctioned by Union Bank of India. The company has also
commenced construction of factory building, and finalised orders for
various items of indegenous machinery.