Havells finally takes the leap to air-conditioners

Even as competition heats up, acquisition of Lloyds has given it a big enough hold in small towns

An oft-repeated question that retailers of Havells fans have been asked over the years is: Do you also have air-conditioners?

For Havells India, which makes household electrical devices (MCBs, switches, wires et al) and appliances, it was a sign that its consumers were looking for more options to beat the heat than fans and water coolers as their disposable income increased. The demand for ACs has been on the rise and is set to grow at over 15 per cent per annum over the next few years.

Naturally, it made sense for Havells to take the plunge: ACs were an