Havells Group through its global Sylvania operations has significant interest in lighting industry. The JV would facilitate constant innovation and quicker product release in international markets, including a co-owned, reliable and stable supply source in China, Havells said.

"This is an important milestone for Havells and also for the entire Indian manufacturing industry. We are blending latest technology with best-in-class manufacturing practices with this combination of leading companies of China and India. We value Yaming relationship and their experience in managing international JVs. We are confident that this initiative will help Global Havells Sylvania operations, including our local operations in China," Qimat Rai Gupta, chairman and managing director of Havells India Limited, said.

"We are delighted to form JV with Havells and are impressed with their global vision and growth plans. It is a unique platform to showcase and integrate our strengths to provide energy-efficient solutions as are required in the current global environment. We look forward to achieve great strides and further deepening of relationship through this JV, Jingwei Liu, chairman of Yaming Lighting Co Ltd, added.

Havells India Ltd manufactures a wide range of products, including industrial and domestic circuit protection switchgear, cables and wires, motors, fans, electrical water heaters, CFL lamps, luminaires and domestic appliances, covering the entire gamut of household, commercial and industrial electrical needs.

Havells, through its Sylvania subsidiary, manages a global lighting business across more than 40 countries with some of the prestigious global brands like Sylvania, Concord, and Luminance.

Shanghai Yaming Lighting Co is a manufacturer of incandescent lamps and the first producer of lamps in China. The company has grown to manufacturing all kinds of lamps like GLS / FTL / HID etc.