Strategy

Well-laid out strategy based on the building blocks created over the past decades


OVER THE PAST YEARS, WE HAVE ESTABLISHED A MASS-PREMIUM BRAND WHICH HAS TRANSITIONED WELL FROM BEING JUST INDUSTRIAL TO CONSUMER. WE HAVE GONE MORE ENTRENCHED IN THE DISTRIBUTION CHANNEL BY INSTITUTIONALISING THE RELATIONSHIP ORIENTED APPROACH. INVESTMENT IN IN-HOUSE MANUFACTURING CONTINUES TO BE A DIFFERENTIATOR WITH BETTER QUALITY CONTROL AND COMPETITIVE EDGE. ALONGSIDE, A STRONG HAVELLS WITH PASSIONATE AND ENTREPRENEURIAL PEOPLE IS CREATED. AT HAVELLS, BUILDING ON THESE STRENGTHS, WE HAVE DEVISED A COMPREHENSIVE STRATEGY TO MAXIMISE VALUE CREATION THROUGH FOCUS ON BRAND, OMNI-CHANNEL, INNOVATION, DIGITISATION AND TALENT.

Brand

  • Reinforcing the ethos of brand ‘Havells’
  • Straddling across different consumer groups and socio economic/income with clear positioning of each of the brand
  • Sustained investments in the brand to deepen connect with stakeholders
  • Enhancing brand reach across multiple channels with customised and unique targeting

Omni-channel

  • Strengthening the relationship with our dealer network
  • Getting closer to the consumers through strong tie-ups with multi-brand outlets, regional retailers, and modern formats. Expanding in ecommerce
  • Going deeper by exploring new markets in the semi-urban and rural regions
  • Widening the customer base by catering a diverse set of base

Innovation

  • Product extension & expansion with focus on innovation and product development and continued investments in R&D
  • Keeping consumer always in mind to develop products
  • Capability building that cuts across the businesses through centre of excellence
  • Thought leadership and development of breakthrough products serving consumer aspirations
  • Enhancing brand reach across multiple channels with customised and unique targeting

Digitisation

  • Leveraging IT infrastructure for digital transformation, improving overall product experience and enhancing consumer journey
  • Deploying new-age digital technologies in all functions to drive consistent value-creation for stakeholders
  • Making technology an enabler and partner of business targeting

Talent

  • Integrating individual & company aspiration
  • Entrepreneurial with distributed leadership
  • Developing leaders from within
  • Instituting wealth creation opportunity