Havells India has inked a Memorandum of Understanding (MoU) with Korea based Hyundai Electric & Energy Systems Co. to mutually explore and supply low and medium voltage protection and switching devices.
Under the agreement, Hyundai Electric will supply low and medium voltage protection and switching devices to Havells as Brand labeling. Hyundai Electric will also grant manufacturing license and technology transfer for low?capacity Magnetic Contactors (MC) and Molded Case Circuit Breakers (MCCBs) to Havells. Havells will supply equipment such as Miniature Circuit Breakers (MCBs) & Magnetic Contactors (MC) to Hyundai Electric. Both companies will cooperate for localization and customization of products.
Havells India is a leading FMEG company (Fast moving electrical goods) with presence across India. Its product range includes Industrial & Domestic Circuit Protection Switchgear, Cables& Wires, Motors, Fans, Power Capacitors, Luminaires for Domestic, Commercial & Industrial applications, Modular Switches etc.