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Universal Cables expands manufacturing capacity

21 Sep 2020 Evaluate

Universal Cables has expanded manufacturing capacity of Power & Control Cables, LT & HT Power Capacitors and Thermoplastic Compounds/Zero Halogen Flame Retardant Compounds (all types and specifications) with effect from September 18, 2020. Total outlay of fixed capital investment of around Rs 117 crore.

The production capacity expansion has been undertaken with the prime objective of aligning the company's manufacturing facility at Satna (M.P.) to keep pace with the envisaged growth in demand and migrate to the evolving technologies for manufacturing of Power & Control Cables, LT & HT Power Capacitors and Thermoplastic Compounds/Zero Halogen Flame Retardant Compounds.

Universal Cables is a leading manufacturer of cables of all kinds and has facility for production, quality control and testing. The company also in the business segment of Power Cables and Capacitors.

Peers
Company Name CMP
Polycab India 8225.00
KEI Industries 4550.00
RR Kabel Ltd. 2390.05
Finolex Cables 1394.70
Precision Wire India 449.55
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