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Draft:MOBLICS

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Moblics Electronics

Overview

Moblics Electronics is a private Indian electronics company headquartered in Aurangabad, Bihar. Established in 2022 by Mrinal Kishor Mishra, the company is involved in designing, manufacturing, and distributing electronic products, with a primary focus on energy-efficient LED lighting solutions. The company employs 32 individuals and contributes to the local economy in Bihar.

History

Moblics Electronics was founded with the objective of providing reliable and affordable lighting solutions for the Indian market. Operating as a bootstrapped enterprise, the company focused on efficient resource management and market-driven strategies to grow its operations. The company reported revenues of ₹23 lakh in 2023 and ₹87 lakh in 2024.

Headquarters and Facilities

The company is headquartered in Aurangabad, Bihar, where it operates its primary manufacturing facility. The facility supports LED product manufacturing processes, including assembly, testing, and quality assurance. The strategic location aids in meeting logistical requirements and contributes to the socio-economic development of the region.

Products

Moblics Electronics produces a range of LED lighting solutions designed for residential, commercial, and industrial applications. The product offerings include:

LED Bulbs: Designed for residential and commercial lighting.

Tube Lights: Options for domestic and industrial use.

Street Lights: Lighting solutions for urban and rural environments.

Customized Solutions: Tailored products based on client specifications.

Business Operations

Moblics Electronics operates as both a business-to-business (B2B) and business-to-consumer (B2C) enterprise. It collaborates with distributors, retailers, and small-to-medium enterprises (SMEs) to ensure product availability across various markets. The company focuses on affordability and energy efficiency to remain competitive in the electronics industry.

Financial Performance

The company's reported revenue was ₹23 lakh in 2023 and ₹87 lakh in 2024. These figures indicate steady growth since its establishment.

Workforce

The company employs 32 individuals, with roles spanning manufacturing, quality control, sales, and administration. By providing local employment opportunities, Moblics Electronics supports the development of Aurangabad and nearby areas.

Challenges

The company operates in a competitive market, facing challenges such as:

Market Competition: Competition from established and emerging brands.

Resource Management: Efficient allocation of resources and cost optimization.

Technological Advancements: Keeping pace with developments in LED and PCB technologies.

External Links Official Website

References

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