Havells India has announced that it has received a letter of intent from Yamuna Expressway Industrial Development Authority (YEIDA) to establish an electronics manufacturing unit.

The manufacturing unit will be established on a 50 acre land in EMC, Sector 10 of YEIDA, in Uttar Pradesh. 

The company said it intends to use the land for future capacity expansion for manufacturing of consumer goods and home appliances.

The letter of intent is subject to the state's policy guidelines and any other regulatory norms, as applicable, the company said.

The project is eligible to avail 75% front-end land subsidy under the Uddar Pradesh FDI, FCI, Fortune Global 500 and Fortune India 500 Companies Investment Promotion Policy - 2023, it added.