About Havells India Ltd
Havells India Ltd. is a prominent manufacturer of electrical equipment and home appliances. Established in 1958, the company has been in business for many years. Havells produces a diverse range of products, including switches, cables, fans, lighting, water heaters, and kitchen appliances. These products cater to domestic, commercial, and industrial applications. The product offerings of Havells make it a key player in the fast moving electrical goods (FMEG) sector.
Headquartered in Noida, Uttar Pradesh, India, Havells was founded by Haveli Ram Gandhi and later acquired by Qimat Rai Gupta, who was initially a distributor for the company. Today, the company is led by Anil Rai Gupta, who serves as the Chairman and Managing Director.
Havells’ main products include electrical equipment, home appliances, lighting solutions, fans, modular switches, wiring accessories, water heaters, and both industrial and domestic circuit protection switchgear. The company also manufactures industrial and domestic cables and wires.
While Havells is a major player in the FMEG sector, it is not necessarily the largest. The promoter shareholding in the company stands at approximately 59.41%, reflecting strong confidence from its founders and key stakeholders. Apart from the shareholders, there are also some managerial promoters who have contributed to the success of the company. They are
The registered office of Havells is located at QRG Towers, 2D, Sector 126, Expressway, Noida, Uttar Pradesh 201304. The company’s registrar is KFin Technologies Private Limited.
Overall, Havells continues to innovate and expand its product offerings, maintaining a strong presence in the electrical goods market and striving for excellence in all its endeavors.
In 1971, Qimat Rai Gupta, who was a distributor for Havells, acquired the company. Under his leadership, Havells expanded its product range and entered new markets. The 80s and 90s saw huge transformations in Havells India. In 1983, the company was incorporated as Havells India Private Limited and later converted into a public limited company in 1992. During this period, Havells acquired several companies, including Towers and Transformers Ltd., ECS, Duke Arnics Electronics, Standard Electricals, and Crabtree India. These acquisitions helped Havells diversify its product portfolio and strengthen its market position.
One of the significant milestones in Havells’ history was its acquisition of the European lighting company Sylvania in 2007 for approximately €200 million. This acquisition marked Havells’ entry into the global market and significantly boosted its international presence. However, in 2015, Havells sold an 80% stake in Sylvania to Shanghai Feilo Acoustics for ₹1,070 crore and the remaining 20% two years later.
In 2010, Havells introduced the ceramic metal-halide lamp, showcasing its commitment to innovation and technology. The company continued to expand its product offerings and entered the renewable energy sector by acquiring a 51% stake in Promptec Renewable in 2015, which was later increased to 100% in 2018.
Havells’ growth strategy also included the acquisition of Lloyd Electricals’ consumer durables business in 2017 for ₹1,600 crore. This acquisition allowed Havells to enter the consumer durables market and expand its product range to include air conditioners, washing machines, and other home appliances.
Throughout its history, Havells has focused on operational excellence and customer satisfaction. The company has established a strong distribution network with over 6,000 workers in more than 50 countries. Havells operates 11 manufacturing plants in India, located in Haridwar, Noida, Baddi, Faridabad, Neemrana, Alwar, and Bengaluru.
Havells has also been recognized for its brand value and trustworthiness. In 2014, it was listed 125th among India’s most trusted brands, according to the Brand Trust Report. The company’s commitment to quality and innovation has earned it a strong reputation in the market.
Today, Havells is a leading player in the Fast Moving Electrical Goods (FMEG) sector. It offers a wide range of products, including switches, cables, fans, lighting, water heaters, and kitchen appliances. The company is headquartered in Noida, Uttar Pradesh, India, and is led by Anil Rai Gupta, who serves as the Chairman and Managing Director.
Havells’ journey from a small electrical trading business to a global leader in electrical equipment and home appliances is a testament to its vision, strategic planning, and commitment to excellence. The company’s focus on innovation, customer satisfaction, and sustainable growth continues to drive its success in the competitive FMEG sector.
Havells India Ltd. has consistently focused on innovation and sustainability, driving its growth in the Fast Moving Electrical Goods (FMEG) sector. With a robust distribution network and multiple manufacturing plants across India, Havells continues to expand its global footprint. The company’s commitment to quality and customer satisfaction has solidified its reputation as a trusted brand in electrical equipment and home appliances.
Headquartered in Noida, Uttar Pradesh, India, Havells was founded by Haveli Ram Gandhi and later acquired by Qimat Rai Gupta, who was initially a distributor for the company. Today, the company is led by Anil Rai Gupta, who serves as the Chairman and Managing Director.
Havells’ main products include electrical equipment, home appliances, lighting solutions, fans, modular switches, wiring accessories, water heaters, and both industrial and domestic circuit protection switchgear. The company also manufactures industrial and domestic cables and wires.
While Havells is a major player in the FMEG sector, it is not necessarily the largest. The promoter shareholding in the company stands at approximately 59.41%, reflecting strong confidence from its founders and key stakeholders. Apart from the shareholders, there are also some managerial promoters who have contributed to the success of the company. They are
- Ameet Kumar Gupta
- Rajesh Kumar Gupta
- Siddhartha Pandit
- Surjit Kumar Gupta
The registered office of Havells is located at QRG Towers, 2D, Sector 126, Expressway, Noida, Uttar Pradesh 201304. The company’s registrar is KFin Technologies Private Limited.
Overall, Havells continues to innovate and expand its product offerings, maintaining a strong presence in the electrical goods market and striving for excellence in all its endeavors.
Company History
Havells India Ltd. has a rich history, which is marked by innovation, growth, and strategic acquisitions. The company was founded in 1958 by Haveli Ram Gandhi. Initially, it started as a small electrical trading business. In the early years, Havells focused on manufacturing miniature circuit breakers (MCBs) and distribution boards, which laid the foundation for its future growth.In 1971, Qimat Rai Gupta, who was a distributor for Havells, acquired the company. Under his leadership, Havells expanded its product range and entered new markets. The 80s and 90s saw huge transformations in Havells India. In 1983, the company was incorporated as Havells India Private Limited and later converted into a public limited company in 1992. During this period, Havells acquired several companies, including Towers and Transformers Ltd., ECS, Duke Arnics Electronics, Standard Electricals, and Crabtree India. These acquisitions helped Havells diversify its product portfolio and strengthen its market position.
One of the significant milestones in Havells’ history was its acquisition of the European lighting company Sylvania in 2007 for approximately €200 million. This acquisition marked Havells’ entry into the global market and significantly boosted its international presence. However, in 2015, Havells sold an 80% stake in Sylvania to Shanghai Feilo Acoustics for ₹1,070 crore and the remaining 20% two years later.
In 2010, Havells introduced the ceramic metal-halide lamp, showcasing its commitment to innovation and technology. The company continued to expand its product offerings and entered the renewable energy sector by acquiring a 51% stake in Promptec Renewable in 2015, which was later increased to 100% in 2018.
Havells’ growth strategy also included the acquisition of Lloyd Electricals’ consumer durables business in 2017 for ₹1,600 crore. This acquisition allowed Havells to enter the consumer durables market and expand its product range to include air conditioners, washing machines, and other home appliances.
Throughout its history, Havells has focused on operational excellence and customer satisfaction. The company has established a strong distribution network with over 6,000 workers in more than 50 countries. Havells operates 11 manufacturing plants in India, located in Haridwar, Noida, Baddi, Faridabad, Neemrana, Alwar, and Bengaluru.
Havells has also been recognized for its brand value and trustworthiness. In 2014, it was listed 125th among India’s most trusted brands, according to the Brand Trust Report. The company’s commitment to quality and innovation has earned it a strong reputation in the market.
Today, Havells is a leading player in the Fast Moving Electrical Goods (FMEG) sector. It offers a wide range of products, including switches, cables, fans, lighting, water heaters, and kitchen appliances. The company is headquartered in Noida, Uttar Pradesh, India, and is led by Anil Rai Gupta, who serves as the Chairman and Managing Director.
Havells’ journey from a small electrical trading business to a global leader in electrical equipment and home appliances is a testament to its vision, strategic planning, and commitment to excellence. The company’s focus on innovation, customer satisfaction, and sustainable growth continues to drive its success in the competitive FMEG sector.
Havells India Ltd. has consistently focused on innovation and sustainability, driving its growth in the Fast Moving Electrical Goods (FMEG) sector. With a robust distribution network and multiple manufacturing plants across India, Havells continues to expand its global footprint. The company’s commitment to quality and customer satisfaction has solidified its reputation as a trusted brand in electrical equipment and home appliances.
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