Loading…

Havells India Limited secured a Letter of Intent from YEIDA for a 50-acre land allotment in the Electronics Manufacturing Cluster in Uttar Pradesh. The company plans to invest approximately INR 800 crore to establish a manufacturing unit for cables, fans, air conditioners, switchgear, and lighting equipment, with the first phase expected to be operational by 2026 and creating about 1,000 jobs.
“The company plans to invest around INR 800 crore in the complete 200-acres EMC.”wirecable.in
Summarized from public sources; check the original articles before acting on it.