Havells has announced that it intends to increase the production capacity of washing machines at its Ghiloth plant in Rajasthan.
According to a regulatory filing by Havells, internal accruals would be used to fund this development.
The Ghiloth plant is already capable of producing 3 lakh units annually, and the business aims to increase that capacity to 3.8 lakh units annually.
It stated that the anticipated capacity expansion would be finished by June 30, 2023.
Having been founded in 2018, Havells Ghiloth is a 2,02,343 square metre facility that primarily produces air conditioners under the Lloyd brand.
