Havells

Havells India Limited
Company typePublic
ISININE176B01034
Industry
Founded1958; 66 years ago (1958)[1]
FounderQimat Rai Gupta
HeadquartersNoida, Uttar Pradesh, India
Area served
Worldwide
Key people
Anil Rai Gupta
(Chairman & MD)[2]
ProductsFast Moving Electrical Goods
RevenueIncrease 18,839 crore (US$2.3 billion) (FY24)[3]
Increase 1,271 crore (US$150 million) (FY24)[3]
Number of employees
5,781 (2020)[4]
Divisions
Websitewww.havells.com

Havells India Limited d/b/a HAVELLS 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.

The company has 23 branches or Substitutes 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.[5][6] As of 2016, it has 11 manufacturing plants in India located at Haridwar, Baddi, Noida, Faridabad, Alwar, Neemrana, and Bengaluru.[7]

  1. ^ "1958". Retrieved 19 May 2016.
  2. ^ "Annual Report 2016-17" (PDF). Havells. 6 November 2017. Retrieved 6 November 2017.
  3. ^ a b "Havells Q4 results | Net profit at Rs 358 crore, beats estimates" (PDF). Retrieved 3 May 2024.
  4. ^ "Havells India Ltd. Financial Statements". moneycontrol.com.
  5. ^ "Havells Industrial on an overdrive and launches a product lounge on wheels". Engineering Review. Archived from the original on 25 April 2012.
  6. ^ "About Havells India Limited". Havells. Retrieved 19 May 2016.
  7. ^ Singh, A. "Havells Press Kit". havells.com. Havells India Ltd. Retrieved 1 November 2013.