Havells India is reportedly planning to employ an additional 100-150 people for its Research and Development (R&D) team in the coming two years. The company will hire mostly fresh talent with knowledge of hardware-software co-design, design and artificial intelligence, material technologies and Internet of Things (IoT).
The company would double its R&D spending to around 2% of revenue in the next two years from 0.9% at present.
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.
| Company Name | CMP |
|---|---|
| Havells India | 1188.25 |
| Siemens | 3503.15 |
| Apar Industries | 14086.80 |
| ABB India | 6833.55 |
| Waaree Energies | 2922.10 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: