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

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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,......
HeadlinesInterviews

GEMSCAB Targets 50% Capacity Boost With Third Manufacturing Unit in Rajasthan

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GEMSCAB is gearing up for a significant expansion with the establishment of its third manufacturing unit in Neemrana, Rajasthan, which aims to boost the company’s production capacity by 50 percent, enabling quicker and more efficient deliveries to customers. In an exclusive interview with Wire & Cable India, Mr. Vedant Gupta,......
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NKT Signs EUR 1 Billion Supply Agreement with Hydro for Low-Carbon Aluminium Wire Rod

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NKT has signed a landmark supply agreement with Hydro to secure a long-term supply of low-carbon aluminium wire rod till 2033, with an estimated contract value of approximately EUR 1 billion. Apr 29, 2025 NKT has signed a supply agreement with Hydro to secure a long-term supply of low-carbon aluminium......
HeadlinesInterviews

Jainco Power Expands Capacity with State-of-the-Art Kolkata Plant

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Jainco Power Limited is making a significant leap forward with the establishment of a new manufacturing plant in Kolkata. This strategic expansion will boost the company’s conductor production capacity by an impressive 3,00,000 km per year, in addition to its existing 1,44,000 km capacity. With cutting-edge technology and an expanded......
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Sterlite Power Secures New Orders Worth INR 1500 Crore in Q1 FY’25

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The new set of orders, won across the domestic and international market in Q1 FY25, builds on the total order book of over INR 6,560 crore at the start of this financial year. Sep 19, 2024 Sterlite Power, a leading global power products and solutions provider, has bagged orders worth......
Industry Trends

State Policies and Clean Energy Boost India’s Cable Market

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Curious about the future trajectory of the wire and cable industry? CRU’s comprehensive analysis and industry-leading insights from Mr. Vishnu Patidar, Senior Analyst in CRU’s Wire and Cable team, analyses key trends and developments in both the metallic wire and cable, and the optical fibre and cable industries. India, the......
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NKT Acquires SolidAl to Address Growing Grid Demand

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NKT has acquired SolidAl from NJord Partners for EUR 192 million. It will invest in additional capacity at the existing site of the Portugal-based power cable company, adding medium and high-voltage capacity to meet the growing demand from grid upgrades and renewable energy projects across Europe. Jul 10, 2024 NKT......
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NKT to Invest EUR 100 Million in MV Power Cable Business Across Europe

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The investment will add 20-110 kV production capacity & capabilities to NKT’s medium-voltage factories in Denmark, Sweden & Czech Republic, and also strengthen its position as a key partner to its customers in the green transition of societies. Apr 10, 2024 To support growing demand from customers for medium-voltage power......
Events

NAVANK Focusing European Markets, Targets to Become USD 30 Million Company by 2030

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NAVANK, an optical fibre cable and power cable raw materials consultancy company, envisions to become a USD 30 million company by 2030. Their main focus is to capture a significant market share across the European market through strategic expansion and market penetration efforts. In the last 5 years, NAVANK has......
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NKT Secures 2 Onshore Power Cable Projects by German TSO Amprion worth EUR 1.2 Billion

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NKT will provide high-voltage alternate current (AC) and direct current (DC) onshore power cable systems for the ongoing expansion of the German power grid. Mar 19, 2024 Leading cable and cable accessories supplier to the energy sector, NKT, has been awarded two onshore power cable projects by the German TSO......
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