Havells India Plans US$ 120 Million Investment in FY 2024–2025

Havells India plans to invest 10 billion rupees (INR; about US$ 120 million) in FY 2024–2025 to expand capacities, explore air conditioning compressor manufacturing, and target rural markets, along with international expansion through a joint venture (JV) for marketing lighting products in the United States. The brand is also focusing on emerging channels such as modern format retail and regional retail, canteens of Central Police Canteen (CPC) and Canteen Stores Department (CSD), e-commerce, and quick commerce.