
New Launch5 Mar 2024, 11:39 pm
Havells India Limited to Expand Product Portfolio with Kitchen Appliances
AI Summary
Havells India Limited, a leading consumer durables company, is planning to expand its existing product portfolio with the introduction of kitchen appliances such as cooktops, hobs, chimneys, and other built-in appliances. The new venture is expected to bring synergies with its existing range of small domestic appliances and make the company one of the top 3 market players over the next 3 years. The entire range of products will be outsourced and serve the domestic market, with an expected launch date of May 2024.,
Key Highlights
- Plans to expand product portfolio with kitchen appliances
- Expected to bring synergies with existing range
- Aiming to be one of the top 3 market players
- Entire range to be outsourced
- Expected launch date of May 2024