Havells India to add 100 stores every year in India

Havells India plans to invest Rs 300 crore in the current financial year in expansion of its manufacturing base and is considering diversifying into various consumer electronics businesses including water purifiers and personal grooming, according to a source from the company. The company also proposes to set up a manufacturing facility in Assam and has entered into a land lease agreement with Pan Projects. The company has a network of 6,500 dealers in India. It has 375 franchise stores, to which the company expects to add about 100 every year. Mega store expansion plan of Havells is indeed an added business advantage for the signage companies whose activities involve in in-store branding, graphics and such tasks.