Havells India has signed an agreement with South Korean firm, Hyundai Electric & Energy Systems Co. for manufacturing of magnetic contactor.

As per the agreement, Hyundai Electric will provide technology know-how and grant a license to manufacture and market magnetic contactors under Havells brand.

Further, Havells India, whole time Director, Ameet Gupta stated, “This strategic alliance is in sync with the government Make in India initiative as it will not only fortify Havells position as a strong manufacturing base for global procurement but will also reinforce the company’s commitment to manufacture quality acclaimed products.”

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