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Havells plans expansion in China, Africa
2 September 2011: Havells India, manufacturer of electrical components and consumer appliances plans to expand manufacturing and marketing operations to China and African countries .
The company is looking at setting up of manufacturing facility in China through a joint venture or in shape of a greenfield project. The company was on the growth path and expected to log a growth of 25 per cent annually in the next three to four years. The African operations were already being put in place and the effort of the whole exercise is to be a local brand in these African countries.
Source: The Hindu