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.
