APAR Industries has allocated INR 800 crore for its cable business, INR 300 crore for its conductor business and INR 200 for its oil business. The company plans to double its revenue from the current INR 5,000 crore to around INR 10,000 crore in the next 12-15 months.

May 22, 2025

APAR Industries Limited has come up with an investment plan worth INR 1,300 crore to enhance its existing facilities in India and the UAE, as well as double its revenue from the current INR 5,000 crore to around INR 10,000 crore in the next 12-15 months.

APAR would use a one-to-one equity-debt combination to fund the capex. While INR 650 crore would come from its equity, the remaining amount would come from a long-term debt.

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The company has earmarked INR 800 crore for its cable business, INR 300 crore for its conductor business, which includes manufacturing rods for cables, and INR 200 for its oil business.

APAR aims to quadruple its manufacturing capacity of medium voltage cables. It would manufacture cables from 11 kV up to 220 kV. The amount would further be utilized to double the capacity of its low-tension cables, elastomeric or rubber cables and solar cables, along with a greenfield expansion. The company is coming up with a new cable manufacturing plant at a brand new site.

Besides, it would enhance its conductor capacity by 25,000 tonnes. APAR plans to manufacture premium products, including HPLS, CPC and other high-end products.

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It is also bringing in new specialized equipment to manufacture a higher volume of cables exclusively for the defence sector. APAR plans to commission most of its equipment in the next 18 months.