Havells India Ltd, a US $1.2 billion enterprise and one of India’s fastest growing electrical and consumer electronics companies, recently announced its future plan for Bengaluru in order to tap vast opportunities in Karnataka. The company is targeting 30-40 per cent growth in the region and expecting around Rs 2.50 billion revenues in the next financial year.
Havells has also announced the launch of its home appliances products in Karnataka to cater to the home appliances market in the region which is growing at the rate of 30 per cent. The product categories from Havells appliances are truly international in technology and design, offers wide range, which includes food preparation, garment care, home comfort, cooking and brewing.
Anil Gupta, JMD, Havells India Limited, said “This Indian silicon city has become the destination of choice for leading brands across industries and is a key business hub for the corporate houses around the globe. With the launch of home appliance products in Karnataka region, we believe that our strategic move to expand our operations in Karnataka region is in line and we continuously endeavor to grow our infrastructure and product portfolio to cater to the rapidly changing market dynamics.”
Havells home appliances range includes juicers, mixer grinders, hand blenders, choppers, steam & dry irons, pop-up toasters, sandwich toasters, room heaters, OTG, electric cookers, induction cookers and kettles.