Lapp India to Expand Its production Unit at Jigani, Bangalore - Wire & Cable India
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Lapp India to Expand Its production Unit at Jigani, Bangalore

November 12, 2014

Lapp India, a 100% subsidiary of the Lapp Group, announced the expansion of its Bangalore manufacturing facility. The group is leading manufacturer of cables, connectors, cable glands, conduits and accessories in India. Under the expansion, the production area will be increased to 10,803 sqm from the existing 5227 sqm. The facility has the capacity to manufacture 60,000 km of multi core cables and 78,000 km of single core wires per annum.

With this new expansion Lapp India aims at tapping into the increased demand for quality control cables in the market. The new government’s strong emphasis on turning India into a manufacturing hub implementing the ‘Make in India’ campaign has been a great initiative to attract foreign investment in India. This thrust on reviving manufacturing industry has been the catalyst for Lapp to unveil this expansion plan.

Lapp India also looks forward to promising business opportunities from the “Smart City” initiative. With the government allocating Rs. 71 Billion for 100 smart cities, there will be an increased demand for quality smart cabling solutions for urban infrastructure. The potential for cabling solutions in India is enormous. As a company which is into manufacturing of low voltage cables, Lapp India is extremely optimistic. The low voltage cable market in India is currently valued at Rs. 195 and is expected to grow to 360 Billion by 2020.

 

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