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December 5, 2024

Wire & Cable India

Category : Wire & Cable News

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Reliance Communications, Aircel to Merge

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The merged company will be one of India’s largest private sector companies, with an asset base of over Rs 65,000 crore and net worth of Rs 35,000 crore (USD 5.2 billion). September 15, 2016 In the biggest consolidation deal in the telecom sector, Reliance Communications Ltd of the Reliance Anil......
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Prysmian Group Launches New Vessel for Submarine Cable Installation

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The newest vessel ‘Ulisse’ added in the fleet of Prysmian Group will be used for the execution of Negros-Panay connection in the Philippines. July 31, 2016 The world leader in telecom cable system industry, Prysmian Group has announced the launch of new vessel named Ulisse which will be used for......
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Sumitomo Electric Industries Ltd. Receives Recognition from Nissan Motor Co. Ltd.

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Based on the quality of products delivered domestically in FY2015, Sumitomo Electric Industries Ltd. received the Japan Regional Quality Award from Nissan Motor Co. Ltd. August 4, 2016 In FY2015 Nissan Motor Co. Ltd. received high-quality products of international standards from Sumitomo Electric Industries Ltd. possessing updated electric wire and......
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Trafigura Polycab JV to Install a Capacity of 2,40,000 Tonne for Copper Rods

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Spread over an area of around 40 acres this joint venture for copper rod manu-facturing unit will invite a total investment of nearly USD 25 million. August 11, 2016 For copper rod production a joint venture in Gujurat was announced by Trafigura Group Pte Ltd and Polycab Wires. Located on......
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Prysmian Group Gears Up for Improved Optical Fiber Production in Italy

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Prysmian Group will relaunch its optical fiber production in Italy and has completed the investment of over EUR 30 million to boost its competitiveness. September 16, 2016 Prysmian Group’s optical fiber production in Italy will now focus on the development plans for the new broadband telecommunication networks. Also, the Italian......
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Hindalco Industries to Invest Rs. 250 Cr. in a New Plant at Dahej

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The new wire-rod production facility will aim in enhancing the contribution of value-added products from 40 to 60 percent of total sales. August 16, 2016 An Aditya Birla Group company, Hindalco Industries will invest Rs. 250 Cr. in a new wire-rod production capacity at Dahej in Gujarat. This new facility......
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Shilpi Cable Technologies to Invest USD 150 Million in UAE

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The company has received an approval for investment for setting up of copper products manufacturing unit with a capacity of 60,000 MT in Abu Dhabi, UAE. June 2, 2016 Shilpi Cable Technologies have received the approval from the board of directors to set up a manufacturing unit in Abu Dhabi,......
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CRI Group Forays into High-end Specialized Wires and Cables

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CRI Group aims to achieve a turnover of Rs 5,000 crore by 2021 with an investment of around Rs 125 crore. August 17, 2016 Tamil Nadu-based pump manufacturer CRI group plans to invest in a manufacturing facility for high-end specialized wires and cables. An investment of Rs 125 crore with......
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Prysmian Group All Set to Display Latest HVDC Cable Technologies at CIGRE 2016

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At the biannual session of CIGRE, Prysmian Group will showcase recent technological innovations in field of HVDC and submarine cable systems of up to 700kV. August 4, 2016 At the International Council on Large Electrical Systems (CIGRE) 2016, Prysmian Group will feature its comprehensive range of innovative technologies and products......
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Diamond Power Gets Approval for Buyout Offer

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The buyout offer from Chinese company Jiangsu Longzhe gets approved by the third-party agency, allowing Diamond Power to issue its shares worth 51% of company’s equity. August 26, 2016 The electrical equipment maker Diamond Power Infrastructure received an investment proposal of USD 125 million from Jiangsu Longzhe Technology and Trade......
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