Jainik Power Cables announces advanced stranding machine investment
JAINIK · price
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Jainik Power Cables plans to install and commission a 54-wire heavy-duty stranding machine for aluminium, copper and steel conductors. Management expects it could add about ₹250 crore of annual revenue and help its manufacturing infrastructure support up to ₹1,000 crore annually. These estimates depend on demand, pricing, orders, utilisation and commissioning.
The investment may support growth and larger orders, but shareholder benefits depend on commissioning, capacity use and successful sales.