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Havells India to expand overseas
11 March 2011: Havells India, a major player in the lighting and fixture segment, is likely to expand in the domestic and overseas markets.
After the acquisition of European brand Sylvania in 2007, Havells intends to go beyond water heaters and fans in the domestic market, while also eyeing newer markets like Eastern Europe, Middle East, Africa and Asia.
Havells, which has been selling ceiling fans, launched its water heater in October 2010 and is now researching other home appliances it can introduce using its existing distribution network.
Source: DNA