Investment worth Rs 1,000 crore planned by Torrent Electricals
Cable and Wire major Torrent Electricals has plans to invest over Rs 1,000 crore in its newly-launched housing wire vertical over the next few years. The firm is looking to expand manufacturing capacity and its distribution network.
The move aligns with the increasing demand in the wire and cable market, projected to reach USD 2.85 billion by 2030.
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