Paramount Communications to set up manufactruing project in Narmadapuram
Wire & cable manufacturing firm, Paramount Communications Limited, has plans to set up a greenfield manufacturing project at Narmadapuram, Madhya Pradesh. The firm will invest Rs 300 crores in its extra-high-voltage (EHV) cable portfolio to meet the need for specialised transmission products.
The new facility will manufacture EHV cables up to 132 kV, specialised conductors, and elastomeric e-beam cables. As per updates, the firm is expecting a partial commissioning of the facility in Q1 FY28.
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