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Havells to double switchgear business

EM NEWS BUREAU ,  Friday, August 26, 2011, 11:42 Hrs  [IST]

OPENS NEW PLANT IN UTTAR PRADESH

Untitled - 53.jpgHavells India Ltd has expanded its switchgear manufacturing operations by recently setting up an additional plant at Sahibabad Industrial Area, Ghaziabad, Uttar Pradesh, to cater both to domestic and international markets

Set up with an investment of Rs.jpg50 crore, the new plant seeks to double the company's current revenue from the switchgear segment to Rs.jpg1,800 crore, in the next three years. The industrial switchgear segment, which currently contributes Rs.jpg200 crore per year is also expected to double to Rs.jpg400 crore within the next two years.

Speaking about the expansion, the company President Sunil Sikka stated that Havells was essentially a switchgear company, however it is now more known as a consumer electrical company. The capacity at Sahibabad was envisaged keeping in mind the company's focus business which was not getting as much attention as it deserved. Though the business was growing at a good pace, there is a scope for further growth, he said. Now, the company has expanded the whole range of switchgear. With the augmentation of switchgear capacity, the company has divided its switchgear manufacturing in two parts. While the lowend switchgear products continue to be manufactured at its Faridabad plant in Haryana, all high-end products will be manufactured at the Sahibabad plant. Sikka further observed that the new Sahibabad plant spread over 10.5 acres is one of the country's most modern industrial products manufacturing plants today. Amongst the prominent industrial products, air circuit breakers (ACB), moulded case circuit breakers (MCCB), control gear range and changeover switches will constitute the main product portfolio for Havells at the new Sahibabad plant.

Untitled - 54.jpgDwelling on the key highlights of the plant, Sikka said that it has a world class state-of-theart tool room equipped with EDMs, wirecuts, CNC machine centre, etc. A moulding shop equipped with latest injection and compression moulding machines from world renowned manufacturer such as Ferromatik Milacron, Hwa Chin. The plant has a computerized spot welding brazing and welding machines for contact tip contactors and relays, to maintain required parameters. The plant also has an in-house R&D setup to continuously upgrade products, precision measuring instruments to control design parameters, testing facilities to conform to national and international test standards.

He mentioned that the company is continuously expanding its capacities and product portfolio to cater to the rapidly changing market dynamics and constantly focusing on R&D to bring in the paradigm shift in the industry. The new plant will give us an incisive edge over the competition due to better efficiencies in the systems backed by large scale automated operations and focus on the high-end switchgear.

The company plans to expand its industrial market reach by doubling the network and high focus on project business. Introduction of new product portfolios like control gear and panels will add to the growth of the industrial switchgear segment.

Next in line for Havells is setting up a manufacturing unit of lighting fixtures at Neemrana in Rajasthan. The company has acquired a 10-acre plot and is currently working on setting up the unit. The factory, expected to be completed in a couple of months, will be the first lighting fixture factory by the company in India.
 
                 
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