To cater to the growth fuelled by large-scale infrastructure developments, renewable energy uptake, expansion in the telecom sector and advances in mobility solutions, Ravin Group, which is into cable manufacturing, has announced to invest ₹500 crore in five years to add capacity.
This investment is likely to enhance production capacity by 300-400% to address the increased demands of metros, airports, renewable energy initiatives, and industrial use, the company said. “With the introduction of electric mobility and the transition from fossil fuels to electricity, the need for high-end cabling solutions will increase. We are committed to innovation and sustainability to drive this change,” said Vijay Karia, Chairman & Managing Director, Ravin Group.
The company is now strengthening its global presence with its UAE-based manufacturing base and exploring collaborations in new markets. “Our investments in automation and digitalization are strategic and will make us capable of addressing changing market needs while establishing new standards for quality and performance,” Mr. Karia said.
With its growth plan and advances in technology, Ravin Group said it is well-positioned for long-term prosperity and global competitiveness as the industry maintains its growth.
Published – March 07, 2025 10:31 pm IST
