BPL eyes Rs. 500 crore revenue from home automation in 5 years.

Consumer electronic goods maker BPL, which has forayed into the home automation sector, is expecting a business of Rs. 500 cores in the next five years from this segment.

'Based on the current indications and interest levels in home automation, we see this segment contributing around Rs. 500 crore to our overall top line in the next 5 years,' BPL Techno Vision CEO K Vijaya Kumar told PTI.

The home automation segment has the potential to grow 25 per cent CAGR in next five years, he added.

The company markets its automation solutions under BPL IQ brand and is a pioneer in wireless intelligent home automation solution in India

ET