Havells
Havells India Limited is an Indian multinational electrical equipment company, based in Noida. It was founded by Haveli Ram Gandhi, later sold to Qimat Rai Gupta who was his distributor. The company manufactures home appliances, lighting for domestic, commercial and industrial applications, LED lighting, fans, modular switches and wiring accessories, water heaters, industrial and domestic circuit protection switchgear, industrial and domestic cables and wires, induction motors, and capacitors among others. Havells owns brands like Havells, Lloyd, Crabtree, Standard Electric, Reo and Promptec.
| Company type | Public |
|---|---|
Traded as | |
| ISIN | INE176B01034 |
| Industry | |
| Founded | 1958 |
| Founder | Qimat Rai Gupta |
| Headquarters | Noida, Uttar Pradesh, India |
Area served | Worldwide |
Key people | Anil Rai Gupta (Chairman & MD) |
| Products | Fast Moving Electrical Goods |
| Revenue | ₹16,910 crore (US$2.1 billion) (FY23) |
Net income | ₹1,071 crore (US$130 million) (FY23) |
Number of employees | 5,781 (2020) |
| Divisions |
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| Website | www |
The company has 23 branches or representative offices with over 6,000 workers in over 50 countries. India's first Lloyd's exclusive outlet is acquired by businessman Rajan Bansal. The store is situated in western part of New Delhi, Paschim Vihar. As of 2016, it has 11 manufacturing plants in India located at Haridwar, Baddi, Noida, Faridabad, Alwar, Neemrana, and Bengaluru.