# Havells expands Lloyd AC production capacity at Sri City plant

Havells India invested around Rs 400 crore in the first phase of a new manufacturing unit at Sri City, Andhra Pradesh, doubling its air-conditioner production capacity to over 2 million units per annum, and plans to expand exports to new markets including the U.S.

- Type: Expansion
- Announced: 2024-03-19
- Where: Sri City, Andhra Pradesh, India
- Value: $48.0M (4.00B INR)
- Status: completed
- Capacity: over 2 million units per annum
- Products: residential air-conditioners
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [ndtvprofit.com](https://www.ndtvprofit.com/business/havells-plans-to-expand-overseas-markets-for-lloyd-ac-10813333), 2024-03-19: "We have big plans for international markets."

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