Havells India’s Anil Rai Gupta On The Biggest Challenge And Opportunities

The biggest challenge facing Havells India Ltd. is to sustain demand even as the owner of Lloyd consumer durables segment witnessed some recovery in sales in the last two months after the nation eased the lockdown curbs.

Post Covid-19 Scenario

The company’s greater product categories and strong distribution channels built over the last four-five years will aid growth, besides its digital presence, Rai Gupta said.

Havells India also remains bullish over new export opportunities for the consumer-durables industry. The company, including its Lloyd segment, manufactures almost 95% of products locally, and has negligible exposure to China.

Capex Plans

Coming out of the Covid-19 pandemic, the company will re-evaluate its capex plans for the next two-five years to explore opportunities for branded manufacturers in India and globally, Rai Gupta said.

The outlook for capex will start looking positive from the second half of the fiscal ending March 2021, he said, adding the company is open to inorganic and organic modes of expansion.