Havells India Limited, one of the leading cable & wire, electrical and power equipment manufacturing companies in India, has doubled the manufacturing capacity of its cable & wire segment at Alwar plant in Rajasthan.
The plant, which is one of the most modern cable manufacturing plants in the country has increased its manufacturing capacity from 1200 crore per annum to 2400 crore per annum. Havells has invested around Rs. 120 crore to modernize and expand the capacity of the plant. As part of the expansion, the total plant area has been increased to 90 acres from 45 acres.
Company has expanded the whole range of LT, HT and EHV cables, which has been upgraded from 33 KV grade to 132 KV grade. Post Expansion, the company has increased the capacities of varied product lines as production of LT cable has increased by 92%, HT cable by 42%, production of control cable has been doubled, coils of flexible cable increased by 150% and Compounds by 67%.
Mr. Sunil Sikka, President, Havells India Ltd., said, “This expansion is in line with the demand that the market is witnessing both domestic and international markets, especially in the cable and wire segment. While this capacity expansion will not only help us meet the growing demand, it also places us as the only company in the electrical and lighting industry to have such a large captive manufacturing capacity. This also gives us the distinction of rolling out world-class products at a more much lower cost while not compromising quality. Clearly this provides significant competitive advantages to Havells”. Expecting growth in its cable & wire business segment, the company is targeting average net revenue of Rs.1800 crore in FY2012. With this expansion the company is also looking at a significant growth in its export market.
The modernized cable and wire plant at Alwar is replete with the latest and world class automated manufacturing equipment that helps in highly cost effective production of a wide range of cables & wires and also provides the safety feature of flame retardant. The plant also houses some of the most stringent quality processes to ensure manufacturing of high quality products. It also includes an in-house R&D setup that continuously upgrades the products to have an edge over the competition and to meet the various requirements of its customers.