Precision Wires India conducted a meeting with its board for a new expansion and modernization project with an estimated cost of INR 37 crore.

Aug 11, 2025

Precision Wires India conducted a meeting with its board on 09 August 2025 where the company has approved a new expansion and modernization project. This project is to be implemented during 2026 at Silvassa with an estimated cost of INR 37 crore.

Watch: Top Cable Companies in India

This results in an approximate capacity increase of 4,400 MTPA by Q4 2026-2027. The overall installed capacity shall then be at approximately 65,400 MTPA.

Additionally, the board has announced an additional project cost of INR 28 crores for Zaroli and INR 5 crores for Valvada, aggregating to INR 33 crores, in connection with the expansion of copper rod manufacturing capacity.

Also Read: Ram Ratna Wires Enter Bulk Molding Compound Manufacturing

Founded in 1989 by Atlas Wires Ltd. (Atlas) and Mahendra Mehta & family, PWIL was merged with Atlas in 2001 and has been amongst one of the most successful companies in the wire industry in India. Today, with an installed capacity of about 48,000 MTPA being increased to 59,000 MTPA, the company is the leading producer of winding wires in South Asia.