Havells India has received approval from Executive Committee for investment, in one tranche or more, upto $20 million in Havells International Inc, a wholly-owned subsidiary of the Company incorporated in Delaware, USA. The objective of investment is to leverage new growth opportunities in the US markets. The Executive Committee in its meeting held on January 29, 2024, has approved the same.
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.
