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RR Kabel Strengthens its Position in Consumer Electricals by Acquiring Luminous Home Electricals Business

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The acquisition of Luminous has made RR Kabel the first Indian company to take over a global enterprise in the FMEG sector. RR Kabel, one of the leading electrical manufacturing companies and a part of RR Global, a USD 1.25 billion conglomerate, has acquired Luminous Home Electrical business from Schneider......

Global T&D Infrastructure Investment to Reach USD 3.2 Trillion by 2026

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Leading global vendors including ABB, GE/Alstom, S&C, Schneider Electric and Siemens will compete with each other as well as a number of local and regional players. September 2, 2016 Electric utilities across the globe will invest around $3.2 trillion in the development of transmission and distribution (T&D) infrastructure. Growing electricity......