Havells India has set up its first home appliance manufacturing plant at Neemrana in Rajasthan to produce water heaters. This new plant has a capacity to manufacture 5,00,000 water heaters per annum, though it will initially produce 3,00,000 units a year. The company will be making the entire range of water heaters at the Neemrana plant.
This plant is part of the ‘Make in India’ programme and the company has invested Rs 100 crore in the Neemrana plant. With this addition, the company has 12 manufacturing units in the country, apart from eight abroad.
Havells India is a leading FMEG Company with a strong global footprint. It enjoys enviable market dominance across a wide spectrum of products, including Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Pumps, Fans, Modular Switches, Home Appliances, Electric Water Heaters, Power Capacitors, CFL Lamps etc.
Company Name | CMP |
---|---|
Siemens | 5739.00 |
Havells India | 1639.35 |
Apar Inds | 7608.00 |
ABB India | 6409.05 |
CG Power & Indl.Soln | 557.75 |
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