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Havells India starts commercial production of Cable in Karnataka facility

04 Sep 2024 Evaluate

Havells India has now started commercial production of Cable at Vasanthnarasapura Industrial Area, Tumakuru in the state of Karnataka on September 03, 2024. 

In order to cater to the potential demand for Cables, the Company has decided to further expand its Cable manufacturing capacity in the same facility at Tumakuru, from existing 3,48,000 Kms per annum to 4,62,600 Kms per annum, with an additional investment of around Rs 450 crore. This investment is primarily towards augmentation of its capacity for higher size Cables. The entire investment will be funded through internal accruals.

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.

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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