Finolex Cables has said that it would set up plant in Pune to produce optical fibre preforms and expand on its fibre draw capacity.
The facility is being built at a cost of about Rs 290 crore and would be wholly financed out of internal accruals, the business stated in a regulatory filing. The plant’s initial capacity is 100 tonnes of preforms.
Construction will begin as soon as the required regulatory clearances are received, and production is anticipated to start 15 months after the plant’s construction is scheduled to begin.
Finolex Cables started its operation with the manufacture of PVC insulated electrical cables for the automobile industry. Since then, the Company has constantly endeavored to augment its product range to include PVC Insulated Industrial Cables , FR-LSH PVC Insulated Industrial Cables, PVC Insulated Single Core and Multicore Flexible Industrial Cables, Rodent Repellent Multicore Flexible Industrial Cables, PVC Insulated Winding Wires and 3 Core Flat Cables, XLPE 3 Core Flat Cables, Power and Control Cables, High Voltage Power Cables (Up to 33 kV), Polyethylene Insulated Jelly Filled Telephone Cables, Auto & Battery Cables, Co-axial and CATV cables, LAN Cables, Switchboard Cables, Fibre Optic Cables, Solar Cables and others.
