Havells India has decided to double its manpower and production within two years at Assam’s Changsari manufacturing unit.
It has also aimed to achieve sales revenue worth Rs. 1,000 crore from the Changsari facility.
Havells India President Saurabh Goel shared about the company’s decision at a press conference. He also said that the consumer electrical major was expecting to increase its revenue from the Northeast by more than two folds within the next three years.
Goel added that Havells’ production units were not hit by the economic slowdown in India.
Presently Assam’s production unit has revenue of around Rs 400 crore. According to insiders of the Changsari plant, although the impact of economic slowdown has not affected much, it witnessed lower sales in the past two-three months.
Havells in Assam is hopeful that the sales would grow after Durga Puja. According to sources, the company is hopeful that in the next five-six months, sales will rise in the Northeast region.
The Changsari plant of Havells manufactures MCBs and switch disconnectors and produces about 1.2 crore poles annually against its installed capacity of 3.6 crore.
The decision of Havells to double manpower and production comes amidst economic slowdown on almost all the segments of the country.
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