Chennai: Luminous Power Technologies has said it aims to achieve Rs 500 crore revenue in overall fans category by 2023.

The company said it expected to gain 5 per cent market share in the fans category within the next two years.

It has introduced its biggest series of energy efficient star rated premium designer fans in India.

According to the company, this industry first energy efficient designer fans range will help save 40 per cent of energy compared to standard ceiling fans.