Finolex Cables is planning to set up a plant at Urse facility, Pune to produce Optical Fibre Preforms as well as expand on its Fibre draw capacity. The plant with an initial capacity of 100 Tons of Preforms, is being set up at a cost of around Rs 290 crore, and would be funded entirely out of internal accruals. The construction will commence upon receipt of necessary regulatory approvals. The production from this new plant is expected to commence in 15 months approximately from the date of commencement of construction of plant.
Finolex Cables is India's largest and leading manufacturer of electrical and telecommunication cables.
