Expansion16 Jul 2026, 05:40 pm
Havells India Expands Tumakuru Cable Capacity to 7.35 Lakh Kms
AI Summary
Havells India Ltd has announced a further expansion of its cable manufacturing capacity at its Tumakuru facility in Karnataka. The capacity will increase from the current 4,59,600 Kms per annum to 7,34,640 Kms per annum. This expansion will involve an additional investment of approximately INR 255 Crores, including pending capex from the previous phase. The total investment in the Tumakuru facility to date is Rs 285 Cr out of an initially planned Rs 450 Cr. The expansion is slated for completion by December 2027 and will be funded through internal accruals.
Key Highlights
- Havells India to increase Tumakuru cable capacity by 59.8%.
- Additional investment of INR 255 Cr planned.
- Expansion expected to be completed by December 2027.
- Total investment in Tumakuru facility to reach approx. INR 540 Cr.
- Expansion to be funded entirely by internal accruals.
Price Impact
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