Universal Cables has increased its planned capex at its Satna unit to INR 720 crore for FY25–FY27, alongside a proposed INR 4,500 crore investment in its optical fibre joint venture.

Oct 19, 2026

Universal Cables Limited (UCL) has increased its planned capital expenditure for capacity expansion, technology upgrades and modernisation at its Satna unit to INR 720 crore for FY25–FY27, from the earlier plan of INR 550 crore.

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The revised outlay includes INR 165 crore for general capex and INR 75 crore for technology upgrades and modernisation. The company had incurred approximately INR 445 crore as of March 31, 2026, with the remaining expenditure expected between FY27 and Q1 FY28. The capex will be funded through a mix of term loans, related-party loans and internal accruals.

Also Read: Universal Cables Approves INR 550 Crore Expansion Project; Upgrades EHV Facility in Satna

Separately, UCL’s joint venture, Birla Furukawa Fibre Optics Private Limited (BFFOPL), has proposed an investment of approximately INR 4,500 crore over the medium term to expand optical fibre production capacity in phases and establish an upstream preform manufacturing facility.