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Havells

Indian brand known for its quality & value

Year Established: 1958

Headquarters: Noida, India

Parent: Havells India Limited

Our Findings

Havells India Limited, a company based in Noida, is a major power distribution equipment manufacturer with a strong global presence. Havells enjoys enviable market dominance across a wide spectrum of products, including circuit protection devices, cables and wires, motors, fans, modular switches, air conditioners, water heaters, etc. 

Havells has 12 manufacturing plants in India and claims that they source a bulk of their production components domestically. However, some of their products, especially trimmers, are Made in China. Given the current geopolitical climate, Havells might soon try to shift their entire production base to India, so until that happens make sure you confirm the country of origin before buying.

ChineeMeter

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Investor Information

Investors:

Chinese Presence in Top Management: no

Nationality of Chairman/CEO: Indian

Nationality of Top 3 Shareholders: Indian

Indian Alternatives

Godrej Voltas Bajaj Electricals

Foreign Alternatives

Hitachi LG Samsung
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