The facility at Narmadapuram in Madhya Pradesh will manufacture DC and AC cables, along with other products. Commercial production is expected to commence either in Q4 FY26 or Q1 FY27.
May 26, 2025
Paramount Communications Limited has announced an investment of INR 150 crore in its power cable manufacturing plant, coming up at Narmadapuram town of Madhya Pradesh.
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During an investors call, the company said it was targeting a revenue of INR 1,000 crore from this facility within the next three years.
As part of phase 1 of the project, the plant will manufacture DC and AC cables, apart from some new products. Commercial production is expected to commence either in Q4 FY26 or Q1 FY27
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The company had earlier announced that it was allotted around 31 acres of industrial land in Narmadapuram town from the Madhya Pradesh Industrial Development Corporation (MPIDC) to establish a greenfield plant for the manufacturing of DC and AC cables.
