GOVT. APPROVED R&D CENTRE
• FIEM’s state of the art R&D Centre offers its clients design and development capabilities in Automotive Lighting & Signalling Equipments and Rear View
Mirrors which meet the specifications of the clients requirements.
• Government of India, Ministry of Science and Technology, Department of Science and Industrial Research has accorded Recognition to Company’s in-house
R&D Unit situated at Rai Industrial Estate, Sonepat.
• The Company’s R&D Centre is established with modern infrastructure, state-of-the-art technology, equipped with latest software, qualified and
experienced manpower.
• FIEM’s in-house R&D Centre has various kinds of testing facilities such as Product Testing, Photometry Testing, Environmental Testing, Thermal Tests,
Electronic Test, Vibration Test, Chemical Test, Mechanical Tests etc.
• Photometry Laboratory of the Company is NABL Accredited.
• Some examples of R&D conducted by company:
• In-house design and development of Railway IPIS (Integrated Passenger Information Systems with LED Display)
• In-house design and development for four wheeler LED Rear combination, LED direction indicator light etc.
• Advantages of in-house R&D unit:
• Diversified and large portfolio of lighting products developed.
• New generation LED technology in automotive and home lighting segments developed.
• Reduction in development time and cost savings to clients.
Company is almost debt free. Company has delivered good profit growth of 24.4% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 29.3%
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