The company has received approval for its Bhiwadi plant under the Rajasthan Investment Promotion Scheme (RIPS) 2024, marking a crucial step in its growth strategy. With an approved Eligible Fixed Capital Investment (EFCI) of INR 186.77 crore under the scheme, the plant will benefit from fiscal incentives, enhance operational efficiency and cost competitiveness, reinforcing the company’s position in the industry.

Nov 07, 2025

Ram Ratna Wires Limited, a manufacturer of super enameled copper winding wires in India, has announced its expansion plans. The company has received approval for its Bhiwadi plant under the Rajasthan Investment Promotion Scheme (RIPS) 2024, marking a crucial step in its growth strategy.

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The Bhiwadi facility is expected to strengthen Ram Ratna Wires’ manufacturing capabilities, enabling the company to serve high-demand markets. With an approved Eligible Fixed Capital Investment (EFCI) of INR 186.77 crore under the scheme, the plant will benefit from fiscal incentives, enhance operational efficiency and cost competitiveness, reinforcing the company’s position in the industry.

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Mr. Mahendrakumar Kabra, Managing Director at Ram Ratna Wires Limited, expressed enthusiasm about the approval, stating that the incentives under the scheme will help us optimize costs and reinvest in technology and capacity expansion. The plant will capitalize on the copper tube segment, which plays a crucial role in India’s rapidly growing air conditioning industry, offering significant growth opportunities.