Havells India eyes over Rs 1,000 cr revenue from East

Tags: News
Electrical goods maker Havells India is eyeing revenues of over Rs 1,000 crore this fiscal from the eastern region.

"Havells has been operating and marketing its products in the (eastern) region for over four decades and we have been always bullish about this market," Havells India Associate Director Y K Gupta said here today.

Stating that eastern region accounts for 20 per cent of Havells' total revenue in the country, he said: "We will continue to expand our base and simultaneously strive to grow the market by tapping new opportunities."

For the fiscal year ended March 2012, the company had reported standalone income of Rs 3,622 crore.

The company, known as a major power distribution equipment manufacturer with a global footprint, would like to enter the Indian rural market as the same offers huge growth potential.

In order to reach out to rural India and service its customers, the company will enhance its distribution network and mark its presence in over 1,200 towns with less than one lakh population, over the next few years, he added.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

EDITORIAL OF THE DAY

  • RBI lowers repo rates despite red flags concerning the economy

    The Reserve Bank of India (RBI) has gambled big time in lowering repo rates by 25 points for the third time in six months.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Arun Nigavekar

Wanted: a central higher education scheme

During the one year that he has been at the ...

Rajgopal Nidamboor

The dappled fusion of our existence

Each of us, without exception, goes through a multitude of ...

Gautam Gupta

It’s ethnic wear all the way in Indian fashion

India is one of the most diverse countries in the ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture