KEI Industries Ltd has started commercial production of LT/HT cables at its new Gujarat facility. The expansion boosts capacity, strengthens its pan-India presence, and positions the company to meet rising demand in power and infrastructure sectors. Analysts expect the move to enhance revenues and margins, reinforcing KEI’s growth outlook.
KEI Industries Ltd, one of India’s leading cable manufacturers, announced the commencement of commercial production of Low Tension (LT) and High Tension (HT) cables at its newly established facility in Gujarat. This strategic expansion strengthens KEI’s manufacturing footprint and positions the company to meet rising demand in India’s power and infrastructure sectors.
Key Highlights
-
New Facility: The Gujarat plant is now operational, focusing on LT and HT cables, which are critical for power transmission and industrial applications.
-
Capacity Boost: The expansion is expected to enhance production capacity, enabling KEI to cater to both domestic and export markets more effectively.
-
Sectoral Impact: With India’s infrastructure push and growing energy needs, demand for LT/HT cables is projected to rise significantly, offering KEI a strong growth runway.
-
Strategic Positioning: The Gujarat facility adds to KEI’s existing plants, reinforcing its pan-India presence and ability to serve diverse industries including utilities, real estate, and manufacturing.
-
Investor Sentiment: Analysts view the move as a positive development, likely to strengthen revenues and margins in upcoming quarters.
This milestone underscores KEI’s commitment to innovation and expansion, aligning with India’s broader infrastructure and energy growth story.
Sources: Reuters, Economic Times, Business Standard