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April 26, 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......
Interviews

Polycab: A Glorious Track Record atop Innovations and Infrastructure in LDC Verticals

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‘’For LDC wires, we have our manufacturing plants in Halol and Nashik. We have installed machine lines with a manufacturing capacity of up to 30m per second.’’ Polycab is one of the largest manufacturers of wires and cables in India. The LDC (Light Duty Cables) department of Polycab handles a......
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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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Polycab Telecom Launches Partner Programme for its Passive Networking Business

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Earlier this year, Polycab’s Telecom division introduced a complete range of end-to-end passive networking solutions for both public and private organisations in India. November 29, 2021 Polycab’s Telecom division, a part of Polycab India Ltd., has introduced a new partner programme for its Passive Networking business (SCS). In March this......
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Polycab Reports Encouraging Performance for Q1FY22, Wires & Cables Business Grew to Rs. 1586.2 Crore

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Wires and cables business doubled on YoY basis to Rs. 1586.2 crore (Rs. 15,862 mn) in Q1FY22 from Rs. 793.5 crore (Rs. 7,935 mn) in Q1FY21. July 22, 2021 Polycab India Limited has announced its consolidated results for the first quarter ended June 30, 2021 — with its revenue increased......
News

Polycab to Acquire Silvan Innovation Labs Private Limited

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Silvan is a technology company focused on providing cutting-edge automation offerings for homes, offices, banks, retail outlets, hotels, and other spaces. Polycab’s latest acquisition has pioneered the concept of home automation in the Indian residential building market and has a proven track record with many prominent real estate developers. June......
Interviews Headlines

Driving Polycab’s Procurement Excellence

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Our focus on high quality and total cost of ownership (TCO) for all our raw materials has resulted in a productivity increase of 32% in on our copper and aluminium wire drawing machines. Mr. Sandeep Bhargava, Executive President & Chief Procurement Officer, Polycab India Limited dives into the key roles......
News Headlines

Polycab India Reports Healthy Performance for FY21, Wires and Cables Business Grew 35% YoY

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Polycab’s wires and cables business grew 35% YoY to Rs. 24,875 mn in Q4FY21 from Rs. 18,434 mn in Q4FY20 led by a healthy pickup in infra and industrial project activities. May 13, 2021 Commenting on the performance, Mr. Inder T. Jaisinghani, Chairman and Managing Director, Polycab India Limited, said:......
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Polycab Forays into Passive Networking Solutions for India Market

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The end-to-end passive networking portfolio by Polycab’s Telecom business-unit strongly echoes Aatmanirbhar Bharat mission. March 10, 2021 Polycab India Ltd. a household name in wire and cable industry, is all geared up to continually bring in the finest practices to design and build networks for seamless connectivity and the best......
News

Extending Production Benefits to OFC Makers to Attract Investments: Polycab

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The Centre should extend benefits under the ambitious production-linked incentives (PLI) scheme to the homegrown optic fibre cable (OFC) makers so that investments in the sector would further grow, and India could eventually become Atmanirbhar or self reliant. December 14, 2020 As reported in a leading daily, Mr. Ashish D.......
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