Group Nirmal, a key player in the Indian wire and cable sector, has announced a Rs 1 billion capital expenditure aimed at expanding its steel wire and aluminum production capacities to scale up operations and meet rising demand. The investment will be directed towards the company’s manufacturing facilities in Khurda, Orissa, and Deulti, West Bengal.
The company plans to increase steel wire production by 7,000 tonnes per month and aluminum production by 5,000 tonnes per month within the current fiscal year. The expansion is part of Group Nirmal’s strategic vision to strengthen its supply capabilities across core sectors such as power, construction, agriculture, fencing, railways, and general engineering.