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Ram Ratna Wires selected in 3rd round of PLI Scheme for white goods

21 Jan 2025 Evaluate

Ram Ratna Wires has been selected in the 3rd round of PLI Scheme for White Goods. It has committed an investment of around Rs 253 crore under PLI scheme for manufacturing of Copper Tube (plain and/or grooved) and Aluminum Stock for Foils or Fins for heat exchangers. 

This initiative aligns with the company’s vision to contribute to the government's 'Make in India' and 'Aatmanirbhar Bharat' missions while integrating India into the global supply chain ecosystem.  The PLI Scheme on White Goods is designed to create a robust component ecosystem for Air Conditioners and LED Lights Industry in India and make India an integral part of the global supply chains. 

Ram Ratna Wires is engaged in manufacturing of enamelled copper winding wires. Its products include modified polyester copper wires, polyesterimide wires, polyurethane self solderable wires and dual coated wires.


Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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