Havells to invest ₹255 crore to lift Tumakuru cable capacity 60% by December 2027
Havells India will pump ₹255 crore into its Tumakuru, Karnataka plant to raise cable manufacturing capacity by 60% to 7,34,640 km annually from 4,59,600 km. The move, funded via internal accruals, is part of a ₹450 crore phase and targets completion by December 2027.
What happened
Havells India will invest ₹255 crore to raise cable manufacturing capacity at its Tumakuru, Karnataka plant by 60% to 7,34,640 km annually, funded via internal
Key facts
- ₹255 crore
- 7,34,640 km capacity
- 4,59,600 km existing
- 60% increase
- ₹285 crore invested
- ₹450 crore total phase
- December 2027
- shares ₹1,168.00 down 0.81%
Why this matters
Havells' organic expansion in Karnataka cements its domestic cable manufacturing footprint, raising the competitive bar for peers weighing acquisitions or greenfield capacity in the segment.
What to watch
- Quarterly cable segment revenue growth and utilisation rates in Havells earnings
- Copper and aluminium price trajectory affecting project cost and margins
- Government infra/housing capex and electrification order flow
- Capacity announcements from Polycab, KEI, RR Kabel signalling industry supply glut
- Milestone updates on December 2027 completion timeline
- Havells likely to announce follow-on tranche of the ₹450cr phase or complementary switchgear/wire capacity
- Watch for backward integration or long-term copper/aluminium supply contracts to hedge input cost
- Competitors accelerate their own brownfield expansions to protect share
- Distributor/channel expansion in South India to route new Tumakuru output