Havells

Havells India Limited

Type	Public company
Traded as	:
Industry	Electrical equipment
Founded	1958
Founder	Qimat Rai Gupta
Headquarters	Noida, India
Key people	Qimat Rai Gupta Founder & Chairman
Products	Fast Moving Electrical Goods
Revenue	₹85.69 billion (US$1.3 billion) (2015)
Number of employees	6,000
Divisions	LV Motors, Home and Kitchen Appliances, Lighting, Consumer and Industrial Switchgear, Cables and Wires, Electrical Equipment
Website	www.havells.com

Havells India Ltd is one of the largest electrical equipment companies in India. Founded in 1983, the company has products ranging from home and kitchen appliances, lighting for domestic, commercial and industrial applications, LED lighting, fans, modular switches and wiring accessories, water heaters, industrial and domestic circuit protection switchgear, industrial and domestic cables and wires, induction motors, and capacitors among others.

Havells India owns some of the most prestigious Indian brands like Havells, Crabtree, Standard Electric, and Promptech. The company has 23 branches / representative offices with over 6,000 professionals in over 50 countries. As of 2016, it has 11 manufacturing plants in India located at Haridwar, Baddi, Noida, Faridabad, Alwar, Neemrana, and Bengaluru. In 2014, Havells was listed 125th among 1200 of India's most trusted brands according to the Brand Trust Report 2014, a study conducted by Trust Research Advisory.

In 1958 Qimat Rai Gupta dropped out of school and founded an Electric trading operation in the electric wholesale market of Old Delhi. With an investment of Rs.10000, he started Havell's Industries. In 1971 Gupta Bought HAVELLS Brand from Haveli Ram Gandhi, and in next five years he started the first manufacturing Plant at Tilak Nagar, New Delhi of the Rewireable Switches and Changeover Switches in his Kirti Nagar Plant, near New Delhi. In next few years Havells started to Set up a manufacturing of the Energy Meters. later, it Acquired Towers and Transformers Ltd. and turned it into a profitably manufacturing Energy Meters Company in just one year. Later, the Company entered MCBs manufacturing at Badli, Delhi in a Joint Venture with Geyer, Germany. In 1974 company started manufacturing of the Changeover Switches plant at Sahibabad, UP for. In 1980 they started manufacturing Control Gear Products at their Faridabad, Haryana plants. Later in 80's they Acquired a manufacturing plant at Alwar, Rajasthan for Power Cables & Wires.In that same year they Entered into a Joint Venture with Electrium, UK for manufacturing Dorman Smith MCCB and Crabtree Modular Plate Switches. Acquired an Electric Control & Switchboards at Noida for manufacturing customised packaged solutions. Introduced high-end Ferraris Meters in Joint Venture with DZG, Germany. Acquired controlling stake in Duke Arnics Electronics (P) Limited engaged in manufacturing of Electronic Meters-Single Phase, Three Phase, Multi Function, Tri-Vectors and also acquired controlling interest in an industry major-Standard Electricals Ltd and also an Acquired business of Havells Industries Ltd, MCCB of Crabtree India Limited and merged ECS Limited in the company to consolidate its area of core competence.