By Meghna Sharma Havells India Limited is an Indian multinational fast-moving electrical goods or FMEG company. It is headquartered in Noida, Uttar Pradesh, India. The company specialises in the design, manufacture, distribution and sale of a wide range of electrical equipment and consumer appliances for residential, commercial and industrial applications. Key product offerings of Havells include LED lighting, fans, water heaters, air conditioners, washing machines, refrigerators, industrial and domestic circuit protection switchgears, modular switches and wiring accessories, domestic and industrial underground cables, motors, pumps and capacitors.
| Details | Info |
| Founded | 1958 |
| Founder | Haveli Ram Gandhi |
| Headquarters | Noida, Uttar Pradesh, India |
| CEO | Anil Rai Gupta |
| Sector | Electrical Equipment, Home Appliances |
Company Profile
Havells was founded in the year 1958 by Haveli Ram Gandhi. It started as a manufacturer of electrical switchgears. In the year 1971, Qimat Rai Gupta acquired the company. Subsequently, Havells entered other segments like cables, lighting, appliances, fans and geysers. In the year 1983, Havells acquired Towers and Transformers Limited, followed by other companies like Duke Arnics Electronics, ECS and Crabtree India in the 1997-2001 period. Havells acquired the Lloyd brand and European Sylvania brand in the year 2006.
Havells operates 15 state-of-the-art manufacturing facilities across many locations in India, including Alwar, Neemrana, Baddi, Haridwar, Sri City, Tumkuru, Faridabad, Noida and Bangalore. Its products are sold through a network of over 1000 exclusive brand stores and distributors, alongside more than 20,000 trade partners.
Origin Country
Havells has its origins in India and is a completely Indian company. However, its operations are not limited to India, with a global network spanning over 50 countries worldwide. The company primarily exports its products to markets in Europe, Asia, Africa and the Middle East.
Market Cap
Havells’ market capitalisation, as of October 2025, stands at INR 932.40 billion. The market cap of the company has dipped by around 7.4% from September 2025. Current share price of the company is INR 1486.60.