Havells India Ltd - Company Profile
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Business Description
Havells India Ltd (Havells India) manufactures and distributes electrical and power distribution equipment. The company’s major products include industrial and domestic circuit protection switchgear, cables and wires, fans, power capacitors, LED/CFL lamps, motors, luminaries for commercial and industrial applications, modular switches and bath fittings. It markets these products under Havells, Lloyd, Crabtree and Standard brand names.
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R&D Overview
Havells India's R&D activities focuses on improving its existing products and developing new and innovative products based on the changing market trends and preferences. The company has four R&D centers. The company continues to invest in world class infrastructure and test laboratories that is driving inhouse research and development for open and collaborative innovation. It continued to build new competencies and infrastructure across three locations, including R&D center in Noida, Customer Experience and Design (CXD). Centre in Noida and innovation hub in Bangalore. As of March 2023, the company had 21 patents and workforce of 567 employees in R&D team. In FY2023, the company incurred expense of INR1,631.8 million on R&D activities, which as a percentage of revenue, stood at 0.9%.
Business Segments
Overview
Offers flexible and power cables. and industrial and domestic underground cables. Consumer flexible cables include heat resistant flame redundant cables, and low smoke halogen cables, halogen free flame retardant cables, telecom and CCTV cables and speaker cables. Industrial Cables include solar cables.
Performance
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Overview
Offers Small Domestic Appliances, Fans, Water Heaters.
Performance
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Overview
Offers LED, luminaire, consumer and energy saving lamps.
Performance
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Overview
Offers Television, Air Conditioner, Refrigerator and Washing Machine.
Performance
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Overview
Major products include motors, solar, pump, water purifiers and personal grooming products.
Performance
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Overview
Offers motors, industrial and domestic switchgears, capacitors, electrical wiring accessories and industrial motors.
Performance
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Geographical Segments
Performance
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Performance
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