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E-mail ID will not be published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.

EDITORIAL OF THE DAY

  • Sebi must not exempt listed SMEs from its mandatory disclosure norms

    The Securities and Exchange Board of India (Sebi) has amended clause 49 of the listing agreement, which lays down the obligation of companies toward t

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Kumar Jain

Why manufacturing needs innovation

Prime minister Narendra Modi’s call of “come — make in ...

Kuruvilla Pandikattu SJ

Warren Buffett’s key to happiness

Despite being the second richest American, Warren Buffett still lives ...

Gautam Gupta

In fashion, why quality must exceed quantity

Every time there’s a fashion week in India, my friends, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture