MoneyWorks4Me

Finolex Cables receives an advance purchase order of over Rs 200 crore

21 Jan 2014 Evaluate

Finolex Cables has been awarded an advance purchase order of over Rs 200 crore for Metal Free Optical Fibre Cable (OFC) of the National Optic Fibre Network (NOFN) backbone project. The project is targeted at providing connectivity to over 250000 Gram-panchayats across the Country for better e-governance, e-health services, and educational services to the people of India.

Finolex Cables is part of the diversified Finolex Group. The company manufactures wide range of  cables such as PVC insulated electrical cables, Flameguard - FRLS cables, auto and battery cables, PVC winding wires, jelly-filled telephone cables, LAN cables, switchboard cables. It is India's largest and leading manufacturer of electrical and telecommunication cables.

Peers
Company Name CMP
Polycab India 8360.00
KEI Industries 4648.00
RR Kabel Ltd. 2450.50
Finolex Cables 1410.90
Precision Wire India 478.80
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