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

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 product portfolio, Jainco Power Limited is set to reinforce its position as a leader in the power cable and conductor industry. In an exclusive interview with Wire & Cable India, Mr. Atul Surana, Managing Director of Jainco Power Limited, highlighted the company’s ambitious plans.

Wire & Cable India: Please tell us about the recent developments at Jainco Power, contributing to your growth.

Atul Surana: A few years ago, we established a cable metal plant producing ACSR, AAAC, and AAC conductors, along with aerial bunched cables, service cables, and power cables. Observing market growth and evolving demands, we are now gearing up for a new plant nearly three times the size of our existing facility.

Spanning a covered area of 3 lakh square feet within a total land area of 5 lakh square feet, the new plant will house advanced manufacturing capabilities for EC-grade aluminium rods, alloy rods, HTLS conductors, MVCC conductors, and high-tension (HT) cables, complementing the company’s existing range of LT cables and conductors.

WCI: What kind of capacities are you targeting with the new plant?

AS: Currently, Jainco Power Limited produces approximately 12,000 km of conductors per month, amounting to 1,44,000 km annually. With the new facility, an additional 3,00,000 km will be produced each year, significantly scaling up the company’s production capacity and market reach.

We have been operating 24/7, 365 days a year, without taking a single holiday—including national holidays like August 15 and January 26—showcasing our relentless commitment to our work and customers.

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WCI: What is the strategy behind this expansion?

AS: One of the key motivations behind this expansion is securing a stable supply of raw materials, particularly aluminium rods, and thereby strengthening the supply chain.

With rising demand, securing a steady supply is becoming increasingly crucial. For our new plant alone, we will require an additional 1,500–2,000 tonnes of aluminium rods. To meet this growing requirement, we plan to set up our own plant that will not only enhance our supply chain reliability but also make our operations more economical in the long run.

WCI: Can you tell us about the new technologies that you are investing in.

AS: The new plant will incorporate a CCV line, Sioplas technology, and a state-of-the-art CCR plant from an overseas manufacturer, the first of its kind in Eastern India. These technological advancements will enable Jainco Power Limited to manufacture XLPE cables up to 33 KV and CCV line products up to 132 KV, placing the company in the elite segment of the industry.

In the next 4–5 years, we anticipate a major shift in demand. Covered conductors will become the industry standard, replacing traditional conductors, while most cable applications will transition to MVCC cables.

WCI: Please tell us about your current market footprint and what kinds of markets you are targeting with the new capacity?

AS: Jainco Power Limited has already established a strong foothold in the global market. Its associate company, Jainco Transmission Limited, currently operates with 60% domestic sales and 40% exports, serving over 54 countries. Meanwhile, Jainco Power Limited’s cable and conductor division, started just two years ago, has already reached a 30-70 domestic-to-export ratio.

With the new plant, we will significantly enhance our capacity, enabling us to cater to our long-standing friends—many of whom have been with us for 15–20 years and are eager to increase their purchases.

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WCI: Shed light on the current scenario and the future prospects of the industry. What are your future growth plans?

AS: India’s conductor and cable market holds immense potential. India’s conductor and cable market has a tremendous potential, with a growth rate of 14.5 percent CAGR- significantly outpacing the global average of 4.1 percent CAGR.

Now is the right time to invest in the electrical sector. The next 15 years will be dominated by the electrical sector, making it one of the most promising industries for growth and expansion.

Jainco Power Limited has ambitious targets for the coming years. Last year, we doubled our production capacity and turnover. Moving forward, we are targeting a 40%-50% growth per year for the next three years, ensuring sustained expansion and market leadership.

With a robust strategy, state-of-the-art technology, and an unwavering commitment to innovation, Jainco Power Limited is poised to redefine the future of India’s power cable and conductor industry.