Havells India Unveils ₹3.4 Billion Expansion to Boost Alwar Cable Manufacturing Capacity

Havells India Ltd, a leading name in the electrical equipment industry, has announced a major expansion of its cable manufacturing facility at Alwar, Rajasthan, signaling a strategic push to meet surging market demand and reinforce its leadership in the sector.

 

Key Highlights:

 

Ambitious Investment: Havells will invest ₹3.4 billion (₹340 crore) to enhance its annual cable manufacturing capacity at the Alwar plant, with the entire expansion funded through internal accruals. This move underscores the company’s strong financial health and commitment to organic growth.

 

Capacity Expansion Details: The Alwar facility’s production will rise from 32.90 lakh kilometers to 41.20 lakh kilometers per year—a substantial 25% increase in capacity. This phased expansion is scheduled to be operational by March 2026, ensuring Havells is well-positioned to capitalize on rising demand from both industrial and domestic segments.

 

State-of-the-Art Facility: Established in 1996 and spanning over 4 lakh square meters, the Alwar plant is one of India’s largest single-location cable manufacturing sites, already operating at a healthy 70% capacity utilization.

 

Strategic Rationale: The expansion comes as Havells’ cables business posted a 14% year-on-year growth in Q4 FY24, reflecting robust demand. The company’s move aims to further strengthen its supply chain, support infrastructure growth, and enhance its competitive edge in the fast-moving electrical goods (FMEG) sector.

 

Operational Timeline: The enhanced capacity is expected to be fully operational by September 2026, with phased commissioning ensuring a smooth scale-up and minimal disruption to ongoing operations.

 

This bold investment reaffirms Havells India’s focus on innovation, efficiency, and market leadership as it gears up for the next phase of growth in the cables segment.

 

Sources: Business Standard, Angel One, TN D India, NDTV Profit, Wire & Cable India