Havells India Limited has secured a Letter of Intent (LoI) from the Yamuna Expressway Industrial Development Authority (YEIDA) for a 50-acre land allotment. This land will be a part of the Electronics Manufacturing Cluster being developed under the EMC 2.0 scheme introduced in April 2020.The company plans to invest around INR 800 crore in the complete 200-acres EMC.
May 09, 2025
Havells India Limited, a leading player of cable and wire and FMEG (Fast-Moving Electrical Goods) sector, has secured a Letter of Intent (LoI) from the Yamuna Expressway Industrial Development Authority (YEIDA) for a 50-acre land allotment. The land is part of YEIDA’s 200-acre Electronics Manufacturing Cluster (EMC), currently being developed under the Modified Electronics Manufacturing Clusters (EMC 2.0) scheme introduced in April 2020.
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The company plans to establish an electronics manufacturing facility on the acquired plot with an estimated investment of around INR 800 crore. The company plans to invest this large sum to set up a manufacturing unit for products like cables, fans, air conditioners, switchgear, and lighting equipment.
The first phase of the facility is projected to become operational by 2026 and is expected to generate approximately 1,000 employment opportunities.
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Moreover, Havells is forming a joint venture with five other companies to co-develop the EMC in YEIDA. This collaborative initiative aligns with the central government’s focus on strengthening domestic electronics production and fostering industrial growth in the region.
