Havells India on Friday said it has started commercial production of air conditioners at its Ghiloth plant. The company has set up a new facility at Ghiloth, Rajasthan, to manufacture consumer durables at an estimated cost of ₹360 crore.
The total investment was funded through a mix of internal accruals and borrowings, the company had informed the exchanges earlier. Shareholders will closely monitor further developments on the production front.