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E-mail ID will not be published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

  • Need to rein in profligate promoters in low margin airline business

    With the media and industry searchlight trained hard on SpiceJet, it is easy to forget that it may be, at worst, a symptom, not the real malaise itsel

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

Urs Schöttli

Shifting sands in the Far East

As was to be expected, Japanese prime minister Shinzo Abe ...

Zehra Naqvi

When humanity died, bestiality prevailed

The terrorist attack that killed 132 children in Peshawar has ...

Bubbles Sabharwal

Why self-esteem must be your best friend forever

Two negatives do make a positive! Imagine no doubts, no ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture