Havells India has reportedly unveiled country’s first large-scale state of the art lighting fixture plant in Neemrana, Rajasthan. The government has de-reserved lighting fixtures from the small-scale industries’ (SSI) list in the year 2010, so company has taken the advantage of de-reservation and entered the lighting fixture segment.
The company has invested Rs 100 crore in setting up the plant and aims revenue of Rs 500 crore in five years, and Rs 150 crore in the first year. The plant started commercial production about a month back. This plant, spread over 200,000 square feet, has installed automated machines imported from Germany, Japan and Italy, including a robotized box-bending machine that assures absolute product accuracy.
Havells India is engaged in selling products in Kerala for several years and the business has shown an upward trend in terms of turnover in a short span of time. It has 10 manufacturing facilities in India in various states, including Himachal Pradesh, Uttar Pradesh and Rajasthan.
| Company Name | CMP |
|---|---|
| Havells India | 1230.25 |
| Siemens | 3604.70 |
| Apar Inds | 12844.45 |
| ABB India | 6382.45 |
| Waaree Energies | 3209.05 |
| View more.. | |
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