News: Havells announced that it will be investing Rs 130 crore to expand the capacity for production of washing machines at its Ghiloth plant.
View: The company's Ghiloth plant's current capacity utilisation is at 68% and it produces 3,00,000 units of washing machines per annum. Havells has decided to expand the capacity by additional 3,80,000 units of washing machines by June 30, 2023. The investment will be entirely financed through internal accruals.
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