Nirmala Sitharaman - Wire & Cable India
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PLI Schemes in 14 Sectors to Generate 60 Lakh New Jobs

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“As a brand, Goldmedal Electricals has always been at the forefront of introducing ground-breaking and sustainable solutions that make our planet not only smarter but also sustainable”, says Mr. Kishan Jain, Director, Goldmedal Electricals Pvt. Ltd. We welcome the measures announced by the Honourable Finance Minister Nirmala Sitharaman and the......
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Wire & Cable India Emagazine Jan-Feb Issue 2022

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Wire & Cable India’s January-February 2022 edition of the e-magazine is now live. Featuring Special Feature on the Union Budget 2022-23 – views on the Budget by the key industry players, exclusive interview with Mr. Manish Agarwal, CEO – Infrastructure and Solutions Business, Sterlite Power Transmission Ltd., insightful interactions with......
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BharatNet Project to be concluded by 2025

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As per the data shared by the Economic Survey on the BharatNet project, 5.46 lakh km of optical fibre cable has been laid so far and a total of 1.73 lakh gram panchayats are connected and 1.59 lakh gram panchayats are service-ready on OFC. February 18, 2022 In the Budget......
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Six Lakh Villages to be Fiberised by 2025: Devusinh Chauhan

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The fiberisation of the remote and rural areas with optical fibre cable will be implemented under the PPP model to achieve affordable broadband connectivity. February 9, 2022 Minister of State for Communications Devusinh Chauhan has expressed that the Government of India is aiming to fiberise 6 lakh villages by 2025.......
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FM Nirmala Sitharaman Announces Rs 19,000 crore Additional Outlay for BharatNet

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When all the gram panchayats have been connected by the dedicated optical fibre network, last-mile connectivity to all villages will be provided by the commercial telecom operators. June 29, 2021 With the aim to provide a boost to the Digital India initiative, Finance Minister Smt Nirmala Sitharaman has announced more......
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Union Budget 2021: Wire and Cable Industry Views

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 Finance Minister Nirmala Sitharaman presented her third Budget — Union Budget 2021. Key industry leaders share their view and feedback. Here is a compilation. Mr. Anil Gupta, Chairman-cum-Managing Director, KEI Industries Ltd. “The prime objective of Union Budget 2021 is to boost and revive the economy that suffered a......
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Centre Asks Kerala to Begin Land Acquisition for INR 64000 Crore High Speed Rail Project

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Finance Minister Nirmala Sitharaman has asked K-Rail to expedite land acquisition for the most ambitious high speed rail project of the Malabar Coast state. This project is anticipated to bring in huge infrastructural upsurge and drive the demand for wires and cables. February 7, 2021 The Union finance ministry has......
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Government Plans Two New Bullet Train Lines in Maharashtra

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The new bullet train lines are anticipated to bring in huge infrastructural upsurge and drive the demand for wires and cables. February 2, 2021 At a time when Mumbai-Ahmedabad high-speed bullet train project is moving at snail’s pace; the Government of India is looking at two new lines; Mumbai-Nashik-Nagpur and......
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Power Discoms to Receive INR 90000 Crore Liquidity Support to Fight Covid-19 Crisis

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This one-time time liquidity infusion will be used to pay the central public sector power generation companies, transmission companies, independent power producers and renewable energy generators. May 14, 2020 As part of its strategy to bring India’s battered economy back on track, the government will provide INR 90000 crore liquidity......
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Union Budget 2019 Proposes Hike in Customs Duty on Stainless Steel Items and Alloy Steel

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The Union Budget 2019 also proposes an increased duty on alloy steel and wire of other alloy steel to 7.5 percent. July 6, 2019 The government has proposed to increase customs duty on stainless steel products by 2.5 per cent to 7.5 per cent. The current customs duty on stainless......
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