Electrical products maker Havells has bagged $200 million export order from the West European countries to supply motors and compact fluorescent lamps (CFLs) over a period of five years. The company plans to make India a global manufacturing and export hub and intends to export half of the total produce of CFLs, motors and switchgears to Europe in the near future.
Havells India, which acquired international lighting products maker SLI Sylvania in 2007, has shut down the UK-based CFL plant and the entire production has been shifted to Neemrana. Post consolidation, the Neemrana plant will make 4 million units of CFLs per month two times what it does currently, besides 20,000 motors per month.
The consolidation is being done to create a single manufacturing hub and thereby build efficiencies by reducing high cost of production in foreign countries during the economic downturn. Besides restructuring the CFL plants, the company is also in the process of consolidating manufacturing operations for switchgears within the country. The company is set to merge its switchgear plant based in Delhi with the one located at Baddi taking the latter s total capacity to 60 million units from 48 million currently.crackcrack