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Havells inks agreement with Hyundai Electric & Energy Systems

14 Mar 2018 Evaluate

Havells India has signed an agreement with Hyundai Electric & Energy Systems for manufacturing Magnetic Contactors.

Under the agreement, Hyundai Electric will provide technology know-how and grant a license to manufacture and market Magnetic Contactors under Havells brand.

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.

Peers
Company Name CMP
Waaree Energies 2487.90
Apar Industries 16074.70
Havells India 1122.10
Suzlon Energy 40.95
Siemens 3628.05
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