Havells India Announces ₹480 Crore Refrigerator Facility in Rajasthan
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FILED 19 Nov 2024, 1:30 PM
Havells India to Establish New Refrigerator Manufacturing Facility in Rajasthan
Havells India Limited is enhancing its manufacturing capabilities by setting up a new refrigerator production facility in Ghiloth, Rajasthan.
- The new facility will have a proposed capacity of 1.4 million units.
- Operations are expected to commence by Q2 of FY 2027.
- The project involves an investment of approximately ₹480 crore, funded through internal accruals.
This expansion aligns with Havells India’s strategy to leverage backward integration and achieve economies of scale, strengthening its position in the consumer durables market.
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