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Havells Lloyd Reviews

Noida, Uttar Pradesh

5.0/ 5

3 reviews

Havells India Limited is a leading Fast-Moving Electrical Goods (FMEG) company and a major power distribution equipment manufacturer with a significant global presence. Headquartered in Noida, Uttar Pradesh, the company operates as a prominent multinational entity within the electrical equipment and consumer electronics industries. Originally founded in 1958 by Haveli Ram Gandhi, the company was subsequently acquired by Qimat Rai Gupta, who transitioned it from a trading firm into an integrated manufacturing powerhouse. Today, Havells is a promoter-led public company listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) under the ticker HAVELLS, operating as a core asset of the QRG Group. The company has successfully established a multi-brand strategy, functioning as a house of brands that caters to diverse consumer segments and market demands. Its flagship brand portfolio includes Havells, Havells Studio, Lloyd, Havells Crabtree, Standard Electricals, and REO. Through these brands, the company offers a comprehensive spectrum of products divided into several key business segments: cables and wires, electrical consumer durables (such as fans, geysers, and small home appliances), switchgears (including domestic and industrial circuit protection devices), lighting and fixtures, and consumer electronics. The "Lloyd" brand, acquired by Havells in February 2017 for an enterprise value of INR 1,600 crore, represents the company's major expansion into the consumer durables and white goods space, specializing in air conditioners, washing machines, refrigerators, and LED televisions. Havells is highly recognized for its robust domestic manufacturing capabilities and commitment to the "Make in India" initiative, producing over 90% of its finished goods in-house. The company operates a network of 15 state-of-the-art manufacturing facilities strategically located across India, including production hubs in Haridwar, Baddi, Alwar, Neemrana, Tumakuru, and Sahibabad. To maintain its competitive edge and drive premiumization, Havells heavily invests in research and development, operating four dedicated R&D centers—including expanded facilities in Bengaluru and Noida—to pioneer smart, IoT-enabled, and energy-efficient products like BLDC+ fans and AI-designed air conditioners. Supported by a massive distribution ecosystem, Havells services its extensive customer base through approximately 18,000 dealers, over 260,000 retail touchpoints, and a network of more than 1,000 exclusive "Havells Brand Stores." The company has also embraced modern omni-channel and digital transformation strategies, including direct-to-consumer portals and partnerships with quick-commerce platforms. Internationally, Havells maintains a presence in over 70 countries through branches, representative offices, and strategic distribution partnerships, recently expanding its Lloyd brand into the Middle East market. Financially resilient with a virtually debt-free balance sheet, Havells reported a consolidated revenue of INR 21,746 crore for the fiscal year ending March 31, 2025. Backed by an workforce of over 6,700 professionals, Havells continues to advance under the leadership of Chairman and Managing Director Anil Rai Gupta, consistently prioritizing operational excellence, sustainability, and corporate social responsibility.