Havells India Limited is planning to expand its existing manufacturing capacities of Air Conditioners at Ghiloth and Sricity locations to 1.5 million units per annum at each location, from the existing 0.9 million and 1.12 million units, respectively, in order to cater to the increased demand. The Total proposed investment for the above capacity enhancements will be in the range of INR 500 million to 600 million. The same will be funded through internal accruals and the expected date of completion is fourth quarter fiscal year 2025.
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