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Incorporated in 1980 as a private limited company, S V Electricals (SVEL) was converted into a public limited company in Sep. '93. The company was promoted by M Sundareswaran and Girish Nair. SVEL is engaged in manufacture of aluminium lamp caps and tungsten filaments used in general lighting service (GLS) lamps. Major clients of the company include Philips India, Sylvania Laxman, Surya Roshini, HMT, Mysore Lamps, etc. The company set up an unit for manufacturing lamp caps at Dewas, Madhya Pradesh with an installed capacity of 60 mln pcs pa, in 1982. Manufacturing capacity was increased to 80 mln pcs pa in 1991. The company also set up an unit at Dewas, for manufacturing Tungsten filaments, used in electric lamps, with a capacity of 33.