Havells India is reportedly planning to transform itself into a technology-driven company by doubling its R&D spending in the next couple of years. The company is working on establishing a state-of-the-art design studio and expanding its R&D team. Currently, the company spends about 1% of its turnover on R&D, which will double up to 2%.
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.
