MoneyWorks4Me

Havells gets 62.09 acres of land from Karnataka Industrial Areas Development Board

10 May 2016 Evaluate

Havells India has received land admeasuring 62.09 acres at Vasanthanarasapura Industrial Area, Tumakuru in the state of Karnataka from Karnataka Industrial Areas Development Board. The company has received the said land for establishing a Unit for manufacturing of Cable & Wire, MCB, LED, Electronics, Solar Lights at a tentative rate of Rs 40.35 lakhs per acre.

Havells India is engaged in manufacturing and marketing of electrical and power equipments. It offers industrial and domestic circuit protection switchgear, cables and wires, motors, fans, power capacitors, lamps, luminaries for domestic, commercial and industrial applications, modular switches and bath fittings.

Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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