Wire & Cable India

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News

First Phase of Kerala Fibre Optic Network Launched By Pinarayi Vijayan

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The first phase of the K-FON (Kerala Fiber Optic Network) project will help connect users in schools, hospitals, offices, and houses. A total of 34,859 km of cable will be laid for the project. February 22, 2021 Chief Minister of Kerala Pinarayi Vijayan has initiated the first phase of the......
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French Consortium led by EDF to Plan for India’s Global Grid

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The other members of the consortium include — India’s ‘The Energy and Resources Institute’ and France’s AETS. January 17, 2021 According a report in a leading daily, a consortium led by French state-run power utility firm Électricité de France SA (EDF) has been tasked with creating the road map for......
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V-Guard Industries Promoter Sells Shares Worth INR 90 Crore to Fund Social Cause

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V-Guard Industries promoter Mr. Chittilappilly has sold 40 lakh shares in the company to fund social cause. February 19, 2021 Electrical appliances manufacturer V-Guard Industries promoter and chairman emeritus Mr. Kochouseph Chittilappilly has sold 40 lakh shares in the company worth INR 90 crore to fund social causes. As reported......
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Union Budget 2021: Wire and Cable Industry Views

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 Finance Minister Nirmala Sitharaman presented her third Budget — Union Budget 2021. Key industry leaders share their view and feedback. Here is a compilation. Mr. Anil Gupta, Chairman-cum-Managing Director, KEI Industries Ltd. “The prime objective of Union Budget 2021 is to boost and revive the economy that suffered a......
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V-Marc India Files for INR 30 Crore SME IPO; to get listed on NSE Emerge

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V-Marc India Ltd. has an operating history of around 15 years and manufactures and markets BIS and CE certified wires and cables out of its 2 manufacturing facilities in Haridwar, Uttarakhand. February 19, 2021 V-Marc India Ltd., a Haridwar- based wires and cables manufacturer, has filed its document with the......
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Torrent Power, the highest bidder for Dadra Nagar Haveli, Daman & Diu discoms

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With the acquisition of a 51% stake, Torrent Power is also looking to participate in new opportunities coming up in the sector in renewable generation, transmission, and privatization. February 22, 2021 Ahmedabad-based Torrent Power Limited has emerged as the highest bidder for the sale of 51 percent stake in the......
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Prysmian Group to be RTE’s Major Partner for Power Transmission Grids in France

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This framework agreement confirms Prysmian Group’s primary role in supplying RTE with HV cable systems, consolidates their long-term and successful relationship, and highlights once again RTE’s trust in Prysmian. February 22, 2021 Prysmian Group has signed a new framework agreement with Réseau de Transport d’Electricité (RTE), France’s Transmission System Operator,......
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India Looking at USD 500 Billion Investment in Renewable Energy by 2030

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This huge investment in renewable energy generation is anticipated to bring in newer opportunities and drive the demand for wires and cables. February 16, 2021 According to the report by the Institute for Energy Economics and Financial Analysis (IEEFA) — India is set to see investments to the tune of......
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Cable & Wire Fair 2021 Rescheduled to March 2022

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February 15, 2021 Cable & Wire Fair organized by Tulip 3P Media Private Limited has announced the rescheduling of the dates of its 4th International Exhibition & Conference for Wire and Cable Industry. India’s most illustrious trade exhibition for wire and cable industry has been postponed from its initial date......
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Industry Welcomes PLI Scheme for Telecom Sector

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The INR 12,195 crore PLI scheme for telecom equipment manufacturing is “a big positive” that will spur local production, generate employment, and position the country as a global hub for innovation. February 18, 2021 The Govt. of India has unveiled details of the INR 12,195-crore production-linked incentive (PLI) scheme for......