# Havells India plans Rs 300 crore expansion with new Karnataka plant

Havells India plans to invest Rs 300 crore in the current financial year to expand its manufacturing base, including setting up a new unit in Karnataka for cables, wires, solar lights and other electronics. The company also plans a unit in Assam and is scouting for acquisitions.

- Type: Expansion
- Announced: 2017-09-29
- Where: Vasanthanarasapura industrial area, Karnataka, India
- Value: $46.0M (3.00B INR)
- Starts operating: 2018
- Status: announced
- Products: cables, wires, solar lights, electronics
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Havells India Limited](https://endata.com/companies/22323.md)

## Sources

- [franchiseindia.com](https://www.franchiseindia.com/insights/en/article/havells-plans-to-flush-rs-300-crore-for-its-expansion-drive.49821), 2017-09-29: "Havell India is aiming to invest Rs 300 crore to further expand its manufacturing units in the current financial year."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.