CapEx News

Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers

Home   »   CapEx-News   »  

Havells plans to establish refrigerator manufacturing facility in Rajasthan

Manufacturing  -  Aug 16,2023  - 

In Ghiloth, Rajasthan, Havells India is thinking of establishing its own refrigerator manufacturing facility.

The company plans to build a factory that can produce 10 lakh devices a year.

With a 350 crore investment, the projected facility is expected to be completed by the first quarter of 2025–2026.

Havells has up to this point outsourced the production of refrigerators, but it plans to establish its own manufacturing facility "to reap the benefits of backward integration and economies of scale," the company stated. Internal accruals will be used by the business to pay for the expense.

Company : Havells India