Havells India is reportedly planning to invest Rs 1,500 crore over next three to four years in creating capacities, a part of which will go for an expansion of manufacturing unit for consumer durable brand Llyod, which was been acquired by the company in 2017. Also, the company will be investing Rs 450-500 crore for AC manufacturing capacities for Lloyd in FY19.
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.