Finolex Cables –
Launches Industrial Switchgears
Economical & reliable power distribution solutions to revolutionize the
industry
India’s leading and fast growing electrical company - Finolex Cables announce their entry in the MCCB product category to strengthen its presence in the Domestic and Industrial Switchgear Market. Manufactured with the latest technology, these will be available in differential ratings, ranging from 63 to 800 Amps in various pole configurations.
The switchgears have
been introduced in 5 different frame sizes across the country.
The MCCB launch will
further strengthen the switchgear basket of the company and will give Finolex
cables access to the enormous and robust Industrial switchgear market to serve
its retail and panel builder clients.
Speaking at the
occasion, Mr. Deepak K. Chhabria, Executive
Chairman, Finolex Cables Ltd. said “As a leader in India’s
Electrical industry, Finolex is committed to develop technologically advanced
products and solutions that meet industry needs, through technical innovation.
The introduction of MCCBs is our latest step in delivering quality products to
the industry. With our comprehensive product portfolio and its diverse
applications, we continue to meet the requirements of a wide range of
customers.”
 |
| Finolex Cables – Chairman -Deepak Chhabria |
The MCCBs have been
developed for use in applications like LT Panels, Control Panels etc. The
MCCBs come with different breaking capacities along with required frame sizes.
The low voltage switchgears provide centralized control and protection of low
voltage power equipment and circuits in industrial, commercial and utility
installations involving transformers, generators, motors etc.
Speaking on the new
product launch, Mr. Amit Mathur, Head - Sales &
Marketing, Finolex Cables Ltd. said, “The Industrial and OEM
segment has been a stronghold of the company, we at Finolex have been servicing
industrial/OEM clients for long time across product categories like Flexible
cables, Communication Cable, Auto Cable, Solar Cable, LT/HT cables etc. Now
with the introduction of Industrial Switchgear we shall further leverage upon
our relationships with Industrial clients. Importantly, the launch of MCCB will
help us in getting into the Rs 2000 crore strong Industrial Switchgear market.
In which we are aiming to be an important player by offering quality products
for the targeted Panel Builder & Retail Outlet community.”
Finolex
Cables has been steadily expanding into the Electrical segment with a
product range that includes Electric Water Heaters, Fans, Miniature Circuit
Breakers (MCBs), Switches and Lighting products. Its home products such
as electrical switches, lights, fans and water heaters have been well-accepted,
and are gaining traction in the market. Finolex Cables remains focused on
growing this consumer-focused range steadily and continues to leverage their
brand equity with the aim of becoming a complete electrical products company
and a strong B2C player. The investments made by the company will be a source
of competitive advantage, enabling them to capitalize on the unfolding
opportunities and expand its business growth.
About Finolex Cables Limited (BSE Code:
500144; NSE Code: FINCABLES)
Finolex Cables Ltd is India's largest and
leading manufacturer of electrical and telecommunication cables with a turnover
in excess of Rs. 32 Billion.
The company started its operation with the
manufacture of PVC insulated electrical cables for the automobile industry.
Besides a wide variety of Wires & Cables, the Company is also manufacturing
lighting products, electrical wiring accessories, switchgear, fans and water
heaters. The company has manufacturing facilities at Pimpri and Urse in
Pune as well as at Goa & Uttarakhand.
The company has, over the years, established
its reputation as an innovative leader and quality manufacturer by continuously
upgrading technology, modernising manufacturing facilities and maintaining
highest standards of quality and services.
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