<p>Turnover for Havells India’s water heaters segment is set to jump over 50% as it hopes to close this financial year with Rs 250 crore in revenues.<br /><br /></p>.<p>The Rs 5,500 crore group ended the water heater segment in FY2015-16 with Rs 130 crore in revenues. The company on Thursday announced the launch of its most advanced water heater range Adonia that uses colour changing LED to communicate the temperature of the water. <br /><br />“Havells has been the trend setter in the water heater industry with its wide range of unique products that always adhere to highest standards. In 2010, we were the first company to offer water heaters with ELCBs,” said Saurabh Goel, Executive VP, Havells India.<br />“Today, the launch of our latest range is yet again a testament of our ability to launch innovative products at regular intervals, which are in line with the changing preferences of our discerning customer,” Goel, added.<br /><br />With a value for money proposition, the 25-litre water heater has been launched at Rs 13,995. While it is already available in a 15-litre capacity, the company plans to launch a 10-litre capacity water heater within the next 4-5 months.<br /> </p>
<p>Turnover for Havells India’s water heaters segment is set to jump over 50% as it hopes to close this financial year with Rs 250 crore in revenues.<br /><br /></p>.<p>The Rs 5,500 crore group ended the water heater segment in FY2015-16 with Rs 130 crore in revenues. The company on Thursday announced the launch of its most advanced water heater range Adonia that uses colour changing LED to communicate the temperature of the water. <br /><br />“Havells has been the trend setter in the water heater industry with its wide range of unique products that always adhere to highest standards. In 2010, we were the first company to offer water heaters with ELCBs,” said Saurabh Goel, Executive VP, Havells India.<br />“Today, the launch of our latest range is yet again a testament of our ability to launch innovative products at regular intervals, which are in line with the changing preferences of our discerning customer,” Goel, added.<br /><br />With a value for money proposition, the 25-litre water heater has been launched at Rs 13,995. While it is already available in a 15-litre capacity, the company plans to launch a 10-litre capacity water heater within the next 4-5 months.<br /> </p>
