CAPEX - Wire & Cable India
November 19, 2024

Wire & Cable India

Tag : CAPEX

News

India will Require USD 500 Billion Capex to Expand Power Transmission Grid

wirecable
As per the report by Goldman Sachs, Power Grid Corporation of India will be the prime beneficiary of this massive grid expansion, which will account for 30 percent of India’s overall energy transition costs projected for 2024-2050. Apr 24, 2024 India, which is currently the third largest primary energy consumer......
News

BSES Rajdhani & Sheru Collaborate to Establish India’s First Vehicle-to-Grid Station

wirecable
BSES Rajdhani power Limited has joined hands with Sheru, an energy software company, to establish India’s first vehicle-to-grid station, enabling greening of the mobility and energy sectors. This partnership is expected to increase power demand pressures and reinforce the power grid. May 24, 2023 BSES Rajdhani Power Limited (BRPL) is......
Special Feature

A 35 Percent Higher Outlay of CAPEX to Provide a Fillip to Infrastructure Activities

design2
Mr. Inder T. Jaisinghani, Chairman and Managing Director, Polycab India Ltd., says, “leveraging technology, nurturing innovation, placing a strong emphasis on Green Energy, and promoting Clean Mobility systems is clearly a progressive stride towards sustainable development.” The Budget has hit the right chords in terms of focus on inclusive growth, Amrit Kaal of......
Special Feature

Faster Implementation of Metro Rail, Infrastructure Status for Data Centres, and Emphasis on PM Gati Shakti

design2
Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd., says, “emphasis on PM Gati Shakti with significant allocation towards Jal Jeevan Mission, Affordable Housing, BharatNet and building 100 Cargo Terminals for multimodal logistics facilities augur well for KEC International Ltd.” I welcome the forward-looking, CAPEX-led Budget 2022-23, with a sharp 35......
Special Feature

A Reinforcement towards India’s Vision of USD 5 Trillion Economy

design2
Mr. Anurag Pandey, Executive-in-Charge, Global Wires India-Tata Steel, affirms, “The Union Budget 2022-23 announced a 35.4 percent increase in CAPEX to INR 7.5 lakh crore for FY23 from INR 5.54 lakh crore for FY22”. The fourth Budget presented by the Honourable Finance Minister lays the foundation for India’s long-term growth and......
News

Motherson Sumi FY22 Capex Steady at Rs 2000 Crore; Scaling Up of EV Business

wirecable
Group company Samvardhana Motherson Automotive Systems Group BV (SMRPBV) saw its order book increase to EUR 15.6 billion as of March 31, 2021 from EUR 13.1 billion as of September 30, 2020. The share of pure electric vehicle programs in the order book jumped to 25 percent by the end......
News

Sterlite Technologies Reports Sustained Growth for FY2021, Plans INR 400 Crore Capex for FY22

wirecable
Sterlite Technologies reported 27.15% YoY growth in consolidated sales revenues for the Mar-21 quarter at INR 1475 crore — and shares details on margins, current order book and capex of INR 400 crore for FY22. May 24, 2021 Sterlite Technologies (STL) has reported a satisfactory performance for Q4FY21 with revenue......
Headlines Interviews

The Year 2017 & Ahead

wirecable
The wire and cable industry in India is growing at respectable rate currently and hopes to continue doing so in the next few years, because of many ambitious plans for infrastructure development as announced by the Govt. in the railways, power transmission, data communication, etc. As the new year is......
Headlines Events

Sterlite Technologies: Galloping on Transmission Highway

wirecable
The transmission infrastructure, in power and data, is poised for complete to substantial overhaul, build, and rebuild in the country spawning enormous opening for private entities. Let’s see how companies like Sterlite readies for the challenge. The latest edition of Sterlite’s Connfluence (a portmanteau formed of ‘Connect’ and ‘Influence’) held......
WordPress Ads