Havells have told on May 6th in a statement that Havells India Ltd has today declared its foray into integrated automation and control solutions business and a new range is being catapulted under its premium brand Crabtree in association with one of world's leading automation company HDL Automation.
Meanwhile the Vice President of Havells India Ltd has said that the catapult of Crabtree integrated automation and control solutions comes at an opportune time when India is expected to witness rapid upgrade of urban infrastructure was enabled by widespread use of Information Technology.
The VP of Havells have told that with this catapult they are planning to capture 10 per cent market share of the automation solutions industry and expect revenue of Rs 100 crore by 2020 and the domestic market size of the automation solutions industry is estimated to be Rs 500 crore, which is currently growing at 20-25 per cent annually.
The statement has said that besides offering the entire automation range to individual customers, Havells will look to tie up with architects, consultants, builders and developers and offer its gamut of products and services; so far the Havells has not explored this segment.
