Havells India, reportedly, is planning to invest nearly Rs 120 crore for increasing its production capacities by at least 20 per cent across the country in the next financial year. The electrical goods maker will finalize the plans by March this year.
Earlier, the company had decided to double the manufacturing capacity of its Baddi plant in Himachal Pradesh to 10 lakh stock-keeping units (SKUs) per day in the next 6-9 months. At present, it is producing around five lakh SKUs and through this initiative it is planning to meet the growing demand of consumers.
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 | 1305.85 |
| Siemens | 3706.55 |
| Apar Inds | 11474.15 |
| ABB India | 7029.95 |
| Waaree Energies | 3471.45 |
| View more.. | |
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