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November 24, 2024

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Kemtree Joins Hands With Electric Cable Compound to Widen its Reach

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Mumbai-based lubricant manufacturer Kemtree collaborates with ECC to market their cable compounds in India. August 10, 2021 India-based lubricant manufacturing company Kemtree Enterprises Pvt. Ltd. has joined hands with Electric Cable Compounds Inc (ECC), a US-based producer of reliable, high-performance, colorable, and pelletized compounds. With this agreement, Kemtree would be......
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Japan Breaks World’s Internet Speed by Transferring Data at 319 Tbps over 3001 Kilometres

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The feat was made possible using optical fibres that carry data using light as opposed to normal copper cables. July 18, 2021 Researchers in Japan have demonstrated an internet speed of 319 terabits per second, setting a world record. A team of researchers at Japan’s National Institute of Information and......
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Japanese Firm Yazaki Proposes to Set up Wire Harnessing Manufacturing Plant in Manipur

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Yazaki is the world’s largest wire harnessing company with a reported turnover of USD 17 billion last year despite the COVID-19 pandemic. July 31, 2021 Yazaki India Private Limited — a subsidiary of Yazaki Corporation Japan, has proposed to set up a wire harnessing manufacturing plant in the state of......
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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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Rashtriya Ispat Nigam Floats Export Tender for 12000 MT Wire Rod

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Rashtriya Ispat Nigam Limited, also known as Vizag Steel, is a government-owned steel producer based in Visakhapatnam, India. July 20, 2021 The State-run steel producer — Rashtriya Ispat Nigam Limited (RINL) has floated an export offer sale for 12000 MT wire rod (5.5-6.5mm) through tendering route. The ocean export e-tender......
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LS Cable & System Invests USD 161 Million in Submarine Cable Business

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Construction will begin in October 2021, and end in April 2023. LS Cable & System’s submarine cable production capacity will increase more than 1.5 times. July 27, 2021 LS Cable & System has announced that it would expand its submarine cable business by investing an additional USD 161 million (KRW......
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Larsen & Toubro’s Construction Arm Bags Orders in Overseas, Domestic Market

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Larsen & Toubro has bagged orders significant orders for transmission & distribution and cabling works in India and overseas. July 19, 2021 Infrastructure company Larsen & Toubro (L&T) has announced that its construction arm has received orders in the overseas and domestic markets. However, it did not provide the value......
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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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SIKORA Wins Silver at the German Award for Online Communication 2021

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In the category “Industries and Mechanical Engineering”, the Bremen-based company for measuring, control and sorting technology prevailed against renowned competitors. The award ceremony of one of the most renowned national communication awards took place virtually on July 2, 2021. July 12, 2021 SIKORA has been conferred with silver (second place)......
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HPL Electric Reports Rs. 875 Crores Revenue in FY21, Cable Segment Grew by 99% YoY

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HPL Electric and Power’s wires and cables segment revenue grew by 99% YoY and 31% QoQ to Rs. 26.3 crores in Q4 FY21. June 29, 2021 HPL Electric and Power Ltd. has reported strong performance in Q4 FY21 led by robust growth in the consolidated revenue at Rs. 308 crores.......
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