Havells India has informed the exchange about the commissioning of its new cable manufacturing facility located in Vasanthnarasapura Industrial Area, Tumakuru, Karnataka. This new facility, operational as of September 3, has a capacity of 3.48 lakh Kms with investment of ₹300 crore.
The company further plans to increase its Tumakuru capacity to 4.626 lakh Kms annually from 3.48 lakh Kms, which commissioned on September 3. This expansion is expected to be completed by Sep-2026, with a projected capex of ₹450 crore. The higher capex is due to the investment being directed towards enhancing capacity for higher size cables, specifically HT cables.