Havells India received a Uttar Pradesh Letter of Comfort for a proposed Rs 879 crore R&D centre in Noida.
Company news · Finvezto · 6 Nov 2026 · Havells India (HAVELLS)
What happened
Havells India received a Uttar Pradesh Letter of Comfort for a proposed Rs 879 crore R&D centre in Noida. Source: Stock note
Why it matters
Anand Ganapathy K: The incentive is 25% of eligible capital investment, capped at Rs 25 crore a year for seven years after commercial operations begin. Source: Stock note
Links
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.