International lighting design company moves to London
on Wednesday,October 13,2010 15:10
This month, Havells Sylvania - a global lighting and electrical products design company - is opening a new European headquarters in London. The move was prompted by the desire to provide their products to a wider audience.
The current lighting market is characterized by an increasing demand for energy-saving and eco-friendly light sources, which is estimated to become a $24 billion industry over the next five years.
The London headquarters will also serve as a Centre of Excellence for Havells Sylvania, which may help to strengthen its communication to the international market.
"This is an exciting time for the company as we base ourselves out of London. It is one of the most important and vibrant cities in Europe, which provides unhindered access to the international markets. It will provide us with a strategic advantage acting as a hub that will allow us to smoothly address both the Asian and European markets catering to a larger customer base" said, Anil Gupta, joint managing director for Havells India.
Havells Sylvania's global presence was established in 2007 when Indian parent company Havells acquired Germany-based Sylvania.
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