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Global Wires India-Tata Steel: Focusing on Offering Solutions Rather than a Product

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“Global Wires India’s long-term strategy is to have a strong presence in automotive and infrastructure segments with a wide variety of product offerings.” A division of Tata Steel Ltd., Global Wires India (GWI) is one of the largest steel wire manufacturers in the world with a combined annual manufacturing capacity......
News

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......
Special Feature

Steeling the Show: Government Schemes Pave Way for Steel Wire Market

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The growth prospects of the steel wire industry depend on the fortune of the primary steel industry which looks quite promising. Over the years, steel has contributed immensely to the development of the Indian economy. The sector contributes around 2 percent of the country’s GDP and employs around 25 lakh......
Interviews Headlines

Systematic Bullish on Power Sector Setting up Largest Plant for Cable Armour Wire in Western India

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“The new facility in Vapi, Gujarat will set new benchmarks in quality and great cost savings for our customers, making Systematic the lowest cost producer of cable armour wire.” Systematic Group is one of the leading GI wire manufacturers in India and a reliable supplier for hot dipped galvanized wire,......
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Rajratan Global Wire Reports Multifold Jump in Net Profit to INR 21.92 Crore for Q1 FY2021-22

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The company has taken up capacity expansion in Thailand from 40000 TPA to 60000 TPA due to increased traction in the region as well as increasing market share. July 21, 2021 Rajratan Global Wire has reported a multifold jump of 1228.48% in its consolidated net profit to INR 21.92 crore......
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Jindal to Invest INR 7500 Crore to Set Up 2.25 Million Tonnes Capacity Steel Plant in Nellore

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Jindal Steel Andhra Limited has proposed to set up the plant for manufacturing of TMT bars and wire rods. July 16, 2021 Jindal Steel Andhra Limited, part of OP Jindal Group, has been allotted 860 acres of land in Thamminapatnam of SPSR Nellore district of Andhra Pradesh to set up......
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Mukand Limited to Increase Stainless Steel Production to 1,50,000 TPA

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The production and sales of specialized stainless steel long products at the Thane plant was affected due to the diversion of oxygen for medical purposes. July 16, 2021 Special steel maker Mukand Limited will shortly be enhancing its production and sales of stainless steel at the Thane facility from 1,00,000......
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Anji Khad Bridge: Indian Railways’ First Cable Stayed Rail Bridge

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With total length of 473.25 meters, the Anji Khad Bridge has support of 96 cables and is designed to handle heavy storms of strong winds due to the high altitude. December 23, 2020 An engineering marvel and the country’s first cable-stayed railway bridge — Anji Khad Bridge is a part......