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Precision Wires to close sales depots at some states

07 Oct 2017 Evaluate

Precision Wires India has decided to close Sales Depots at Ahmednagar (MAH), Faridabad (HAR), Indore (MP), Jaipur (RAJ), Palej (GUJ) and Secunderabad (Telangana), with immediate effect. The company has taken this step as there is uniform and same rate of GST on their Finished Products, so maintaining Separate Sales Depots in some States is not required. However, sales of finished goods to customers situated in above states will continue from the company’s Silvassa (U.T of D.N.H) Factory.

Precision Wires India is the largest manufacturer of Enamelled Copper Winding Wires in India.

Peers
Company Name CMP
Polycab India 8195.00
KEI Industries 4518.35
RR Kabel Ltd. 2460.70
Finolex Cables 1408.75
Precision Wire India 480.65
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