 | |
| Company type | Public |
|---|---|
| ISIN | INE176B01034 |
| Industry | |
| Founded | 1958; 68 years ago (1958)[1] |
| Founder | Qimat Rai Gupta |
| Headquarters | Noida,Uttar Pradesh, India |
Area served | Worldwide |
Key people | Anil Rai Gupta (Chairman &MD)[2] |
| Products | |
| Brands | Havells Havells Studio Lloyd Havells Crabtree Standard Electricals Reo |
| Revenue |  ₹21,746 crore (US$2.6 billion) (2025) |
| ₹2,149 crore (US$250 million) (2025) | |
| ₹1,489 crore (US$180 million) (2025) | |
Number of employees | 5,781 (2020)[3] |
| Website | www |
| Footnotes / references Financials as of 31 March 2025[update].[4] | |
Havells India Limited is an Indianmultinationalelectrical equipment company, based inNoida. The company manufactureshome 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 domesticcables andwires,induction motors, andcapacitors among others. Havells owns brands like Havells, Lloyd, Crabtree, Standard Electric, Reo and Promptec.
The company has 23 branches or representative offices with over 6,000 workers in over 50 countries.[5][6] As of 2016, it has 11 manufacturing plants in India located atHaridwar,Baddi,Noida,Faridabad,Alwar,Neemrana, andBengaluru.[7]
In 1958,Qimat Rai Gupta moved fromMalerkotla toOld Delhi, where he set up an electrical equipment trading shop. In 1971, Haveli Ram Gandhi sold hisswitchgear company–Havells–to Gupta, who was his distributor at the time. The company subsequently entered other product segments such as cables, lightings, appliances, fans and geysers.[8]
In 1983, it bought the loss-making Delhi-based Towers and Transformers Ltd and turned it around in a year. Between 1997 and 2001, Havells also bought ECS, Duke Arnics Electronics, Standard Electricals and Crabtree India. There was a 50:50 joint venture between Havells and the UK-based Crabtree, and Havells later acquired Crabtree's stake in the JV.[9][10] In 2007, Havells acquired European lighting companySylvania for about €200 million.[11][12] In 2010, Havells introducedceramic metal-halide lamp.[13]
In April 2015, Havells acquired a 51% majority stake in Promptec Renewable[14] before increasing its stake in the company to 100% in 2018. In December 2015, Havells sold 80% stake in Sylvania Malta and Havells Exim Hong Kong to Shanghai Feilo Acoustics for₹1,070 crore (US$166.79 million)[15] and sold the remaining 20% two years later.[16] In February 2017, it acquired the consumer durables business of Lloyd Electricals at anenterprise value of₹1,600 crore (US$245.69 million).[17]
