Havells India expects 20% growth from switchgear business in Odisha in FY16: Report

14 Jul 2015

Havells India is reportedly expecting a growth of 20% from its switchgear business in Odisha in FY16. The company is eying sales of Rs 15 crore from building circuit protection devices in the state by end of 2016-17.

Havells is the market leader nationwide with a share of 28 per cent in the switchgear segment. The organised domestic switchgear market is estimated to Rs 2,200 crore per annum for 2015-16.

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