Havells India Limited is set to expand its washing machine production capacity at its Ghiloth plant. The company plans to add 1,50,000 units per annum to the existing capacity, with an investment of approximately INR 60 crores. The expansion is expected to be completed by December 2026, and will cater to the increasing market demand for washing machines.
Capacity Expansion at Ghiloth Plant
Havells India Limited is undertaking a significant expansion of its washing machine manufacturing plant located in Ghiloth. This strategic move aims to enhance the company’s production capabilities to meet growing market demand.
Existing Capacity and Utilization
The current installed capacity at the Ghiloth plant is 6,80,000 units per annum. The existing capacity utilization stands at 52%, based on the production volume of H-1 FY 25-26.
Expansion Details and Investment
The proposed capacity addition will be 1,50,000 units per annum at the Ghiloth location. This expansion will require an investment of approximately INR 60 crores, which will be funded through internal accruals.
Projected Completion Timeline
The company anticipates completing the capacity addition by December 2026. This timeline ensures that Havells can cater to the increasing market demand in a timely manner.
Rationale for Expansion
The primary rationale behind this expansion is to cater to the market with an entire range of washing machines, strengthening Havells’ presence in the home appliances sector.
Source: BSE
