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Nexans to Acquire Reka Cables from Reka Industrial

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This acquisition will strengthen Nexans’ position in the Nordics notably in electricity distribution and usage. November 10, 2022 Nexans SA has entered into a share purchase agreement with Reka Industrial Plc to acquire Reka Cables. This acquisition will strengthen the Company’s position in the Nordics notably in electricity distribution and......
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LS Cable & System Brings Remote-Based Cable Management System

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Within the i-check platform by LS Cable & System, an IoT sensor, which is attached to the cable, detects abnormal conditions such as overheating and short circuits. September 13, 2022 South Korea-based LS Cable & System has launched ‘i-check’ – the first-ever platform in the industry that paves the way......
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RR Kabel announces Scholarships of more than INR 1 crore

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The Kabel Star Scholarship Program of RR Kabel is aimed at contributing to the future of the children of electricians. June 29, 2022 RR Kabel, a part of RR Global’s USD 1.25 billion conglomerate and a leading wire and cable manufacturer in India, announced the Kabel Star Scholarship Program to......
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Finolex Cables comes up with a New Ad Campaign

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With the new positioning of ‘No Stress. Finolex’, the cable manufacturer is presenting its product range in three commercials featuring its new brand ambassadors – Kartik Aaryan and Kiara Advani. June 16, 2022 Finolex Cables Ltd. has announced Bollywood actors Kartik Aaryan and Kiara Advani as its new brand ambassadors.......
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Gloster Cables: Designing Cables with Safety in Mind

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“From a small beginning in 1995, we have now grown to be a 500 crore company. We have targeted to achieve a turnover of 1000 crores in the next two years,” says Mr. Vinay Rathi, Director, Gloster Cables Ltd. Incorporated in 1995, Gloster Cables Ltd. (GCL) has made progressive advancements......
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Nexans Acquires Centelsa to Electrify Latin America

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The acquisition of Centelsa marks a key milestone of Nexans’ strategy in being a Pure Electrification Player. The joined expertise and experience of both the companies in sustainable technologies along with electrification will benefit customers with enhanced solutions. April 6, 2022 Nexans has acquired Centelsa, from Mexico-headquartered Xignux S.A. Centelsa......
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Prysmian Group to Invest USD 1.1 billion to Support Energy Transition

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Prysmian is intending to put forth significant investments targeted at augmenting the production capacity of power transmission submarine cables as well as enhancing the technological equipment at its excellence centres. March 29, 2022 Prysmian Group has announced its plans of investing about EUR 1 billion (~USD 1.1 billion) by 2024.......
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Union Budget 2022 Reactions from the Wire and Cable Industry

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Finance Minister Nirmala Sitharaman, while presenting her fourth budget, said that India is expected to grow at 9.27 percent in the current financial year. Here’s a sneak peek into the post-budget reactions of industry experts. February 1, 2022 Substantial Focus on Housing and Infrastructure Development The 2022 budget has a remarkable approach towards growth......
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RR Kabel: Wire and Cable Industry Set to Record 10-15 Percent Growth in 2022

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2021: The year that was With the country’s increased focus on various sectors such as infrastructure, healthcare and affordable housing, the demand for wires and cables have increased significantly. The wire and cable industry in India witnessed a significant growth of 10 percent last year. 2022: The year that will......
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Polycab Unveils New Campaign Featuring Ayushmann Khurrana

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The new campaign seamlessly encompasses an array of Polycab’s distinguished consumer-centric products ranging from LED Lights, Fans, Smart Home-Automation, Green Wires to Cables, while keeping the viewer engrossed with the upbeat, music-and-shuffle dance-driven youthful narrative. November 22, 2021 Polycab India has unveiled its new Masterbrand campaign featuring India’s youth icon......
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