Havells India Ltd has announced a ₹600 million investment to expand washing machine production capacity at its Ghiloth manufacturing facility. The move aligns with rising demand in India’s home appliance sector and reinforces Havells’ commitment to domestic manufacturing and product innovation.
In a strategic push to scale its consumer durables segment, Havells India Ltd is investing ₹600 million to expand its washing machine production capacity at the Ghiloth plant in Rajasthan. The facility, which currently manufactures Lloyd-branded appliances, will be upgraded to meet growing market demand and support Havells’ long-term growth strategy.
Major Takeaways:
- Investment Size: ₹600 million earmarked for capacity expansion and infrastructure enhancement.
- Location Focus: Ghiloth plant, a key hub for Havells’ appliance manufacturing, will see increased output of semi-automatic and fully automatic washing machines.
- Market Strategy: The expansion supports Havells’ ambition to capture a larger share of India’s fast-growing home appliance market, particularly in Tier 2 and Tier 3 cities.
- Brand Synergy: Lloyd, Havells’ consumer brand, continues to gain traction with competitively priced, feature-rich washing machines.
- Domestic Manufacturing Push: The move aligns with the government’s “Make in India” initiative and reduces reliance on imports.
This investment signals Havells’ confidence in India’s appliance demand trajectory and its intent to lead with innovation and scale.
Sources: MoneyWorks4Me, Flipkart, Amazon India.