Havells to expand Tumakuru cable capacity with ₹255 crore investment
Havells India announced an investment of ₹255 crore to expand cable manufacturing capacity at its Tumakuru facility to 7,34,640 km per annum by December 2027, funded through internal accruals.
*this image is generated using AI for illustrative purposes only.
Havells India Limited has announced a further expansion of its cable manufacturing capacity at the Vasanthnarasapura Industrial Area in Tumakuru, Karnataka. The company will invest approximately ₹255 crore to increase the annual capacity from 4,59,600 km to 7,34,640 km. This expansion is expected to be completed by December 2027 and will be funded through internal accruals.
Expansion Progress
The company has partially completed a previous phase of expansion at the Tumakuru facility, achieving an annual manufacturing capacity of 4,59,600 km of cables. To date, the company has invested ₹285 crore in this phase out of the total ₹450 crore previously intimated. The new investment of ₹255 crore includes the pending capital expenditure from the last phase.
Investment Details
The following table outlines the capacity expansion and investment details:
| Parameter | Details |
|---|---|
| Current Capacity | 4,59,600 km per annum |
| Expanded Capacity | 7,34,640 km per annum |
| Additional Investment | ₹255 crore |
| Funding Source | Internal accruals |
| Completion Timeline | December 2027 |
Historical Stock Returns for Havells
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.82% | -0.82% | +7.24% | -7.19% | -13.55% | +4.13% |
How will this 60% capacity increase impact Havells' market share in the organized wire and cable sector?
What specific demand trends or government initiatives are driving the need for this significant capacity ramp-up by 2027?
Will the increased manufacturing scale lead to improved operating margins or competitive pricing strategies?
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