Havells India Ltd is a billion-dollar-plus electrical equipment company founded in 1958, with products ranging from industrial &

domestic circuit protection switchgear, cables & wires, motors, fans, power capacitors, compact fluorescent lamps (CFL), luminaries for domestic, commercial & industrial applications, modular switches covering household, commercial and industrial electrical needs, water heater and domestic appliances. Havells owns global brands like Crabtree, Sylvania, Concord, Lumiance and has 94 branches / representative offices with over 8000 professionals in over 50 countries. As of 2013 It has 12 manufacturing plants in India located at Haridwar, Baddi, Noida, Faridabad, Alwar, Neemrana, and 6 manufacturing plants are located across Europe, Latin America & Africa and with more than 20,000 global distribution network.

Establishment and early History

In 1958 Qimat Rai Gupta left his education in midway and founded an Electric trading operation in the electric wholesale market of Old Delhi. With an investment of Rs.10000, he started Havell's Industries. In 1971 Gupta Bought HALS Brand, and in next five years he started the first manufacturing Plant at Tilak Nagar, New Delhi of the Rewireable Switches and Changeover Switches in his Kirti Nagar Plant, near New Delhi. In next few years Hals started to Set up a manufacturing plant for HBC Fuses at Badli, New Delhi and begun manufacturing of the Energy Meters. later, it Acquired Towers and Transformers Ltd. and turned it into a profitably manufacturing Energy Meters Company in just one year. Later, the Company entered MCBs manufacturing at Badli, Delhi in a Joint Venture with Geyer, Germany. In 1974 company started manufacturing the Changeover Switches plant at Sahibabad, UP for. In 1980 they started manufacturing Control Gear Products at their Faridabad, Haryana plants. Later in 80's they Acquired a manufacturing plant at Alwar, Rajasthan for Power Cables & Wires. In that same year they Entered into a Joint Venture with Electrium, UK for manufacturing Dorman Smith MCCBs and Crabtree Modular Plate Switches. Acquired an Electric Control & Switchboards at Noida for manufacturing customized packaged solutions. introduced high-end Ferraris Meters in Joint Venture with DZG, Germany. Acquired controlling stake in Duke Arnics Electronics (P) Limited engaged in manufacturing of Electronic MetersSingle Phase, Three Phase, Multi Function, Tri-Vectors and also acquired controlling interest in an industry major-Standard Electricals Ltd and also an Acquired business of Havells Industries Ltd, MCCB of Crabtree India Limited and merged ECS Limited in the company to consolidate its area of core competence.

Global Presence
In late 90's Standard Electrical Company becomes a 100% Subsidiary of the company. The company became an IEC certification for Industrial switchgear and CSA certification for all manufacturing plants in 1991. Soon production started in their plant located at Baddi (H.P.) for manufacturing the Domestic Switchgear. Setting up a manufacturing plant for manufacturing Ceiling Fans at Noida, UP. In 1999 Havell's opened their first International Sales Office in London through with their wholly owned subsidiary company Havells U.K. Ltd. In December 2004, placed 235 fully convertible debentures of Rs.1 million on M/s. Shine Ltd., Mauritius and the debenture got converted in June 2006 Attained the CE certificate for CFLs. In March,2005 Havells Started the manufacturing of the Electric Fans at its plant

located near Haridwar, Uttarakhand and got Award for the KEMA certification by The Dutch Council for Accreditation, making QRG the only group to attain this certification in India. The company started their first R&D Center in Noida. In November, 2005 Crabtree India merged with Havells India. adding a CFL production unit in Haridwar manufacturing plant. Expansion at Alwar manufacturing plant for increase of production capacity and another expansion at the Baddi manufacturing plant and set-up of an Export Oriented Unit started in that same year. In 2006 it became one of the India's first Company to get the ISI mark Certification from the Bureau of Indian Standards for complete range of CFLs.

Expansion era
In, 2007 Havell's started a Set-up of Capacitor manufacturing plant in Noida, UP with the capacity of 6,00,000 KVAr per month was completed. Later it Acquired the Lighting business of a Frankfurt based company Sylvania, a global leader in lighting business and now for the first times in its history the company's turnover crosses US$1 Billion. By 2007 Havell's got a name for its electrical switches, energy meters and miniature circuit breakers (MCBs). In March 2007, Havells acquired SLI Sylvania of Netherlands for $300 Million, making it the fourth largest lighting business in the world, worth over a billion USD. This was, at that time, the biggest overseas takeover by an Indian Electrical equipment manufacturer. This takeover helped take the Havells brand to over 20,000 dealers across Latin America, Europe, Asia and Africa. The combined Havells-Sylvania generated over a $1 billion in revenue with more than 60% coming from international sales. Due to past mergers Havells portfolio includes many well known brands like the Crabtree, Sylvania, Concord, Luminance, Linolite & SLI Lighting. In 2008 it become one of the First Indian CFL manufacturers to have adopted RoHS, European norms on Restriction of Hazardous Substances in CFLs. In October 2008 Havell's moved to its new Corporate Headquarter, QRG Towers located at Expressway Noida. With an Investment of Rs.500 million in Global Center for Research and Innovation (CRI) construction of a fully automatic plant for Havells Lafert Motors at Neemrana started also started in that same year. In, 2010 it Acquired 100% interest in Standard Electricals to Sets up world's first new generation CMH Lamp Plant at Neemrana. In 2012, Indian actor Rajesh Khanna endorsed Havells Fan TVC titled Havells Fans Forever. Later in that same year Havells India expressed its plans to expand its presence in Turkey, Russia, Indonesia and Malaysia and is in the process of acquiring various compaines in China and Africa.

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A Class (High Value)

B Class (Moderate Value) Moderate control Medium Less frequently Individual Monthly control reports Moderate efforts

C Class (Low Value)

Tight control on stock levels Low safety stock Ordered frequently Individual posting in stores Weekly control reports Continuous efforts to reduce lead time

Less control Large Bulk ordering Collective posting Quarterly control reports Minimum efforts