Havells India Ltd (Havells India) manufactures and distributes electrical and power distribution equipment. The company’s major products include industrial and domestic circuit protection switchgear, cables and wires, fans, power capacitors, LED/CFL lamps, motors, Electrical consumer durables, luminaries for commercial and industrial applications, modular switches, and bath fittings.

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Havells India has been consistently investing in research and development (R&D) to strengthen its innovation capabilities. The company is enhancing its R&D commitment by setting up a state-of-the-art R&D campus in Noida, housing approximately 2,000 R&D professionals. The focus is on developing premium, consumer-centric products and accelerating the adoption of artificial intelligence (AI) to improve productivity, quality, and consumer experience. Havells India is also investing in building digital capabilities across its leadership ecosystem and collaborating with global talent and institutions to drive innovation. The Center for Research and Innovation (CRI) serves as the core R&D platform for Havells India, driving innovation and product development. The R&D center and design studio in Noida and Bengaluru focus on hardware, firmware, connectivity, and cloud platforms. The Bangalore Innovation Center explores emerging technologies such as AI, machine learning, and connected solutions to develop smarter, digitally enabled products. Havells India has four R&D centers. In FY2026, the company applied for 22 new patents and 126 new design registrations, increasing its cumulative tally to 292 patents and 1,550 design registrations. The company is focused on building a global talent pool and collaborating with leading universities, institutions, and tech companies. In FY2026, the company incurred an expense of INR3,174 million on its R&D activities, which grew 23%YoY and stood at 1.4% of the company’s total revenue.