MoneyWorks4Me

Havells aims to achieve 10% share in affordable modular switch market

10 Jun 2016 Evaluate

Fast Moving Electrical Goods (FMEG) Company Havells India is aiming to achieve 10% share of the Rs 1000 crore strong entry-level modular switch market in the country in the next 2-3 years.

The company launched its recently introduced affordable switch brand Reo Bliss in Maharashtra, marking its entry in this category in the State. The new range of entry level modular switches will be manufactured at the company’s plant at Baddi.

The new range of switches will be available in seven colours and nineteen different combinations - blue, red, grey, white, ivory, black and beige. They will be made from coloured polymers against the general trend of painting the plastic covers that helps in retaining cooler and shine throughout the life of the switch.

 

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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