HPL Electric & Power Limited has made a strategic entry into the digital water metering sector with the launch of its new product, ‘Neeram Pulse’, alongside the inauguration of a state-of-the-art integrated manufacturing facility in Gurugram. This move positions the company to tap into the projected USD 9.04 billion global water metering market by 2030, driven by government initiatives and increasing adoption of smart metering solutions. Leveraging its expertise in metering technology, HPL aims to establish itself as an early entrant in the Indian water measurement solutions space.
The company officially announced the launch of the ‘Neeram Pulse’ water meter on January 29, 2026, notifying stock exchanges in compliance with SEBI Listing Regulations. The intimation submitted to the National Stock Exchange of India Limited and BSE Limited included all regulatory details about the new product, reflecting the company’s commitment to transparency and adherence to statutory requirements.
The ‘Neeram Pulse’ water meter has been designed specifically for the domestic market, underscoring HPL Electric & Power Limited’s focus on serving Indian consumers with advanced water measurement solutions. The product expands the company’s offerings beyond its traditional portfolio of electrical and power equipment, highlighting HPL’s strategy to diversify into adjacent sectors with high growth potential.
With this launch, HPL Electric & Power Limited strengthens its footprint in the metering segment, signaling its ambition to play a significant role in India’s digital water infrastructure landscape while continuing to innovate across its core electrical and power technology businesses.
