Havells Sylvania moves headquarters to London
Havells Sylvania, the leading global designer, manufacturer and provider of professional lighting solutions opened its European headquarters in London on 11th October 2010.
The move aligns with the global strategy of Havells Sylvania to better serve its European customers and become more agile and adaptive to a rapidly changing and dynamic international market with high growth in developing markets.
A strategic move
This decision underscores the company’s vision to consolidate Havells Sylvania’s position as one of the leading global designers and suppliers of lighting products. Set in a global lamps and luminaires market characterised by an increasing demand for energy-saving and eco-friendly light sources which is forecast to reach US$24 billion by the year 2015. With the opening of its new London based head quarters, Havells Sylvania is well-positioned to cater for the European market out of this strategic location. The London Headquarters will also serve as a Centre of Excellence for Havells Sylvania, enabling it to strengthen its reach into immerging markets and improving communication avenues to the International market
“This is an exciting time for the company as we base ourselves in 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, Mr. Anil Gupta, Joint Managing Director, Havells Sylvania.
Leveraging a unique business model
Havells Sylvania’s global footprint was created in 2007 when Indian parent company Havells was combined with the German-based, European Sylvania. Equipped with this unique business model, the company is set to consolidate its global presence through cost-efficiency, cross-leveraging the respective brand and distribution channels, and gaining access to new and emerging markets.
This decision is yet another positive move made by the company since Sylvania’s acquisition in 2007. Ensuring a smooth transition, Havells Sylvania has committed to provide employees with an opportunity to relocate their bases to the London Headquarters to ensure undisrupted services to their clients.
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