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Havells India to double R&D spending in couple of years: Report

20 Aug 2018 Evaluate

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.

Havells India Share Price

1180.75 -6.05 (-0.51%)
03-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1180.75
Siemens 3538.75
Apar Industries 14174.10
ABB India 6949.70
Waaree Energies 2859.20
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