Wire and Cable Industry News - Wire & Cable India
May 5, 2024

Wire & Cable India

Category : News

News

Rajratan Global Wire Plans Capacity Expansion With Investment of INR 250 Crore in Next 3 Years

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The company is setting up a plant in Chennai to serve local and overseas customers and is increasing capacity in Thailand by 50%. June 29, 2021 Rajratan Global Wire Limited, one of the leading three bead wire and steel wire manufacturers for automotive tyres in India, is investing INR 250......
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FM Nirmala Sitharaman Announces Rs 19,000 crore Additional Outlay for BharatNet

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When all the gram panchayats have been connected by the dedicated optical fibre network, last-mile connectivity to all villages will be provided by the commercial telecom operators. June 29, 2021 With the aim to provide a boost to the Digital India initiative, Finance Minister Smt Nirmala Sitharaman has announced more......
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Triton Electric Vehicle to Set up INR 2100 Crore Manufacturing Facility in India

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The investment of INR 2100 crore for ultra-modern electric vehicle manufacturing unit will bring in huge opportunities for wire and cable manufacturers in India. June 25, 2021 Triton Electric Vehicle Pvt. Ltd. has entered into a MoU with the Telangana government for setting up a manufacturing unit for electric vehicles......
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NKT Completes High Voltage Power Cable Replacement for Swedish Hydropower Plant

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A 400 kV high-voltage power cable from NKT is now bringing renewable energy from the Letsi hydropower plant to the Swedish power grid after a successful replacement operation. June 25, 2021 NKT has designed, produced and installed the new 400kV AC single-core XLPE power cable system with power rating of......
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India Electric Vehicles Sales to Grow at 26 Percent by FY23

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The rise in the sale of electric vehicles will bring in huge opportunities for the wire and cable manufacturers — specifically wire harnessing segment and charging cables. June 22, 2021 The recently announced electric vehicle (EV) incentives by India along with high fuel prices will be supporting factors for stronger......
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Tekmar Energy’s Cable Protection Systems for Chinese Offshore Wind Farms

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The market-leading provider of subsea protection systems for cables, umbilicals, and flexible pipe along with engineering services will supply more than 250 of its patented cable protection systems. June 23, 2021 Tekmar Energy has announced that it has secured multiple Cable Protection System (CPS) supply contracts to protect over 1,200MW......
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Nokia, HFCL Among 25 Companies Register Under PLI Scheme for Telecom Sector

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Around 25 telecom gear makers – including Nokia and HFCL have applied under the Rs 12,195 crore production linked incentive scheme for the sector, according to official sources. June 23, 2021 Around 25 telecom gear makers – including Nokia and HFCL have applied under the Rs 12,195 crore production linked......
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TSSC Partners with CSC to Train 1 Lakh Rural Youth for Maintenance of BharatNet

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The training will be conducted through CSC Academy and will focus on providing VLEs as well as rural youth with knowledge about optical fiber applications, splicing of optical fiber, installation of optical fiber cables, along with entrepreneurship and soft skills training. June 22, 2021 Telecom Sector Skill Council (TSSC) has......
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Essar Steel to Set Up 3 Million TPA Steel Plant in Andhra Pradesh

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The State Cabinet considered the proposal and accepted SBICAP’s recommendation to select Essar as the JV partner. The project capex of the project is Rs 11,606 crore. June 18, 2021 The Andhra Pradesh government has selected Essar Steel Limited as the joint venture partner for setting up a 3 million......
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PFC Consulting Ropes in Mohanlalganj Transmission as Wholly Owned Arm

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PFCCL is a subsidiary of state-run Power Finance Corporation, India’s largest power sector lender. June 18, 2021 As part of India’s strategy to build a robust power transmission network — state-run PFC Consulting Ltd (PFCCL) has incorporated Mohanlalganj Transmission Ltd as its wholly-owned subsidiary – as reported in a leading......
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