Home-grown firm Havells, which owns appliances brand Lloyd, is planning to expand its export markets in the residential air-conditioner segment after doubling its production capacity, a top company official said on Tuesday. The company has invested around Rs 400 crore so far in the first phase of its new manufacturing unit at Sri City in Andhra Pradesh, after which its capacity has gone over 2 million units per annum, Havells India Executive Director Yogesh Kumar Gupta said. The company -- which is exporting room AC to market to 30 countries, including neighbouring SAARC and African nations -- has also started to ship units to the US markets and is now looking to expand beyond that, he added. "We have big plans for international markets. We have put up our second plant in Sri city, which is very near to the Chennai port. We are already exporting to the Middle East, SAARC countries and African countries. We have also started exporting to the US. (ICE NEW DELHI)

Fonte notizia: Economic Times