Havells India adding 50 exclusive Galaxy stores

Havells India Limited is looking to increase its market presence in India by adding 50 exclusive Galaxy stores by the end of this financial year, of which 24 will be in south India alone. The company currently has a network of 172 Havells Galaxies across the country, including 60 down south. Galaxies contribute close to Rs 500 crore to the company’s overall revenues. The company is seeing a strong domestic growth propelled by the rise in demand for electrical equipment and market shifting towards branded products. Such expansion plan of Havells would bring in a fresh business in indoor and in-shop signage activities for PSPs, fabricators, sign makers and others.