Recovery from slump may take time: Anil Rai Gupta, Havells India
  • WebDesk BTVI
  • Jul 29 2019

Anil Rai Gupta, Chairman and MD at Havells India, says the company saw a weak quarter as parts of businesses did well while others were impacted by the slowdown in real estate and government off-take segments. He says the company will continue to invest in brand building and distribution reach. He says the company is currently in the transition mode to become a mass premium player. He says recovery may take some time.