It is true that Syska is an Indian company. Syska is an Indian producer of lighting products using LED as well as consumer electronics. Syska’s main products include a variety of kinds of LED lighting products, which include tubes, bulbs lighting, emergency lights, ceiling lights, decorative lights street lights, and lanterns. Syska also offers a range of consumer electronics, including chargers, power banks extension cords, trimmers, shavers hair dryers and dry irons smartwatches, and audio devices.
Syska is recognized as a pioneer in the LED lighting technology in India. Syska’s focus is on green, energy-efficient and ingenuous products. Syska’s line of products can be used for various applications, like industrial, commercial, residential and outdoor.
| Details | Info |
| Founded | 2012 |
| Founder | Rajesh Uttamchandani, Govind Uttamchandani |
| Headquarters | Pune, Maharashtra, India |
| CEO | Rajesh Uttamchandani |
| Sector | Lighting, Consumer electronics |
Company History
Syska LED Lights Private Limited was founded on the 18 May 2012 May 2012, by Rajesh Uttamchandani, and Govind Uttamchandani in Pune within Maharashtra. The company began operations by producing and distributing LED lighting products such as bulb and tube lights, with an emphasis on sustainability and affordability.
Syska’s RoHS certified energy efficient LED lighting solutions have assisted to gain traction quickly within its Indian market. The company launched new LED lights, including street lights, ceiling lights, and spotlights that covered commercial, residential and industrial sectors. In 2015, the company was importing parts from suppliers from Hong-Kong, China and South Korea.
In 2016-18, Syska expanded its product portfolio to include consumer electronic products, home appliances and personal electronic devices for personal care. In the same time frame Syska also obtained more than 40 patents and created more than 20 joint ventures in international markets. In the year 2020, Syska had ventured into high-tech consumer electronics with the launch of smart lighting solutions as well as integrated systems.
Current Status
Syska is one of the top ten lighting brand names in India. Syska is selling its LED lighting solutions and other items in more than 75 stores all over India. In addition it exports its goods to various international markets, including the UAE, Kuwait and Nigeria.
Syska’s most recent launched include rechargeable LED torches extensions boards that have USB ports smart bulbs that have music sync, and are compatible with Alexa/Google 5 in 1 hair straighteners as well as Verve Stereo speakers. Syska operates three manufacturing factories in India.
Future Outlook
Syska faces a corporate insolvency resolution procedure. But, a successful resolution could result in an increase in the business. Resolutions could involve cutting costs or diversification of the supply chain, as well as investing in other segments that are not core, such as wearables. Syska expects to concentrate in the area of smart lighting in order to benefit from the growing trend of smart technology.