CAPEX - Wire & Cable India
Wire & Cable India

Tag : CAPEX

News

Paramount Announces INR 150 Crore Capex For Upcoming Cable Facility in MP

wirecable
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,......
News

Group Nirmal Announces INR 100 Crore Capex to Boost Steel & Aluminum Capacity

wirecable
Group Nirmal plans to increase its steel wire production capacity by 7,000 TPM and aluminum capacity by 5,000 TPM within the current fiscal year with INR 100 crore investment.  May 23, 2025 Group Nirmal (Nirmal Wires), a prominent name in the Indian wire and cable industry, has announced plans for......
News

Tata Power Plans INR 25,000 Crore Capex in FY26, Eyes UP Discoms to Expand T&D Footprint

design2
Tata Power plans to invest INR 25,000 crore in capital expenditure during the financial year 2025-26, with a strong focus on strengthening its renewable and power infrastructure portfolio.  The company is also preparing to bid for two major power distribution companies (discoms) in Uttar Pradesh.  May 15, 2025 Tata Power......
News

India will Require USD 500 Billion Capex to Expand Power Transmission Grid

wirecable
As per the report by Goldman Sachs, Power Grid Corporation of India will be the prime beneficiary of this massive grid expansion, which will account for 30 percent of India’s overall energy transition costs projected for 2024-2050. Apr 24, 2024 India, which is currently the third largest primary energy consumer......
News

BSES Rajdhani & Sheru Collaborate to Establish India’s First Vehicle-to-Grid Station

wirecable
BSES Rajdhani power Limited has joined hands with Sheru, an energy software company, to establish India’s first vehicle-to-grid station, enabling greening of the mobility and energy sectors. This partnership is expected to increase power demand pressures and reinforce the power grid. May 24, 2023 BSES Rajdhani Power Limited (BRPL) is......
Special Feature

A 35 Percent Higher Outlay of CAPEX to Provide a Fillip to Infrastructure Activities

design2
Mr. Inder T. Jaisinghani, Chairman and Managing Director, Polycab India Ltd., says, “leveraging technology, nurturing innovation, placing a strong emphasis on Green Energy, and promoting Clean Mobility systems is clearly a progressive stride towards sustainable development.” The Budget has hit the right chords in terms of focus on inclusive growth, Amrit Kaal of......
Special Feature

Faster Implementation of Metro Rail, Infrastructure Status for Data Centres, and Emphasis on PM Gati Shakti

design2
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd., says, “emphasis on PM Gati Shakti with significant allocation towards Jal Jeevan Mission, Affordable Housing, BharatNet and building 100 Cargo Terminals for multimodal logistics facilities augur well for KEC International Ltd.” I welcome the forward-looking, CAPEX-led Budget 2022-23, with a sharp 35......
Special Feature

A Reinforcement towards India’s Vision of USD 5 Trillion Economy

design2
Mr. Anurag Pandey, Executive-in-Charge, Global Wires India-Tata Steel, affirms, “The Union Budget 2022-23 announced a 35.4 percent increase in CAPEX to INR 7.5 lakh crore for FY23 from INR 5.54 lakh crore for FY22”. The fourth Budget presented by the Honourable Finance Minister lays the foundation for India’s long-term growth and......
News

Motherson Sumi FY22 Capex Steady at Rs 2000 Crore; Scaling Up of EV Business

wirecable
Group company Samvardhana Motherson Automotive Systems Group BV (SMRPBV) saw its order book increase to EUR 15.6 billion as of March 31, 2021 from EUR 13.1 billion as of September 30, 2020. The share of pure electric vehicle programs in the order book jumped to 25 percent by the end......
WordPress Ads