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Havells planning to invest Rs 1,500 crore over next 3-4 years: Report

17 Dec 2018 Evaluate

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.

Peers
Company Name CMP
Waaree Energies 2490.50
Apar Industries 16920.00
Havells India 1117.50
Suzlon Energy 41.20
Siemens 3660.20
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