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Havells India enters into MoU with Pan Projects

10 May 2016 Evaluate

Havells India has entered into a non-binding Memorandum of Understanding (MoU) with Pan Projects for taking on lease the land for setting up of manufacturing facility in the State of Assam. This will enable the company to avail of the rebates and benefits under the policies of Government of India and Assam. The arrangement is subject to change of land use and various other government approvals.

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 2446.70
Apar Industries 15613.80
Havells India 1070.00
Suzlon Energy 38.56
Siemens 3423.05
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