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Havells India to achieve Rs 1,000-crore sales turnover from fan division

09 May 2013 Evaluate

Havells India aims to achieve Rs 1,000-crore sales turnover from the fan division in the next two years with the launch of new models. At present, organized fan market contributes around 15% to the company’s overall revenues. The entity offers a choice of over 354 models of premium high performance and energy saving fans.

The company has introduced eight new models under premium, sporty and energy saving category in Kerala. The new fan models range is priced between Rs 2,250 and Rs 3,465.

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.

Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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