Havells India to expand washing machines capacity at Ghiloth plant

Havells India Limited, is planning to expand the capacity for production of washing machines at its existing manufacturing plant at Ghiloth.

The Existing Capacity is 3,00,000 units per annum at Ghiloth and the existing capacity utilization is 68% (basis last month's production during July 2022). The proposed capacity addition is additional 3,80,000 units per annum at Ghiloth.

The proposed capacity is to be added by 30 June 2023 and the estimated investment is INR 130 crores which will be funded through internal accruals.

Source : Equity Bulls

Keywords

HavellsIndia WashincMachines Expanion ManufacturingPlant Ghiloth InternalAccruals