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April 18, 2024

Wire & Cable India

Tag : Investment

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Rajratan Global Wire Plans Capacity Expansion With Investment of INR 250 Crore in Next 3 Years

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The company is setting up a plant in Chennai to serve local and overseas customers and is increasing capacity in Thailand by 50%. June 29, 2021 Rajratan Global Wire Limited, one of the leading three bead wire and steel wire manufacturers for automotive tyres in India, is investing INR 250......
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Indian Railways to Invest Rs 55000 Crore on Modernization of Signalling and Telecommunication

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Indian Railways plan to use the spectrum allocation to provide long-term evolution (LTE) based mobile train radio communication for seamless communication between its running staff, the traffic controller, and maintenance personnel to enhance safety and security. June 16, 2021 Indian Railways has envisaged an investment of about Rs. 55,000 crore......
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NIP Envisages Investment in Indian Railways Worth INR 11.43 Lakh Crore Till 2024-25

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The envisaged investment of Rs 11.43 lakh crore till 2024-25 is expected to bring in huge opportunities for the wire and cable industry. June 9, 2021 Infrastructure Development forms the bedrock of the economic growth of a nation. The exponential increase in population puts pressure on the existing provision for......
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Joe Biden Calls for USD 100 Billion to Expand U.S. Broadband Access

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The White House stated that President Biden’s plan would build “future proof” broadband infrastructure in unserved areas and focus support on networks owned, operated by, or affiliated with local governments, non-profits, and co-operatives” and noted they have “less pressure to turn profits. May 31, 2021 President Joe Biden called on......
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India to be a Part of Cisco’s USD 5 Billion Funding for 5G Projects

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The launch of 5G services is expected to shift focus to enterprises, which could become potential sources of revenue for telcos. March 30, 2021 US-based Cisco Systems, Inc., which has set aside USD 5 billion to fund projects for 5G services globally, will invest part of it in India to......
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RWE marks Financial Investment Decision for Sofia Offshore Wind Farm

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With this move, the leading company in offshore wind power and Europe’s third-largest in renewable energy is seeking to play a significant part in helping to reach the UK’s ambition to grow offshore wind capacity to 40 gigawatts by 2030. March 30, 2021 RWE has taken the Financial Investment Decision......
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India Looking at USD 500 Billion Investment in Renewable Energy by 2030

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This huge investment in renewable energy generation is anticipated to bring in newer opportunities and drive the demand for wires and cables. February 16, 2021 According to the report by the Institute for Energy Economics and Financial Analysis (IEEFA) — India is set to see investments to the tune of......
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Indian Railways line up INR 40000 Crore Spend on Rolling Stock in FY22

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Indian Railways targets to manufacture 8000 locomotives, coaches and wagons in FY22. Such large-scale infrastructural growth will bring in newer opportunities and drive the demand for wires and cables. January 29, 2021 Highlighting the opportunities for partnering with the Government, Minister of Commerce & Industry And Railways- Shri Piyush Goyal......
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Maharashtra’s New Renewable Energy Policy to Attract INR 75000 Crore Investments

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Maharashtra’s ambitious target to implement 17,000 MW of renewable power projects in the next 5 years is expected to bring in newer opportunities and drive the demand for wires and cables. January 29, 2021 Addressing an interactive session with the CEOs of renewable energy and power companies organized by FICCI,......
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Sterlite Power partners with AMP Capital to start 1800 km of Transmission Lines

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For power transmission projects entailing an investment of USD 1 billion, Sterlite Power Transmission Ltd has announced its association with global investment manager AMP Capital. December 30, 2020 With the plan to develop energy transmission projects in India, Sterlite Power and global investment manager AMP Capital has formed a partnership,......
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