Havells is planning to invest Rs 130 crore to expand washing machine production capacity at its Rajasthan's Ghiloth plant. This expansion would be financed through internal accruals. The proposed capacity addition would be done by June 30, 2023.
The Ghiloth plant already has the capacity to roll out 3 lakh units per annum and the company plans to add an additional capacity of 3.8 lakh units per annum.
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.
