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The present order book of KEI, a wire and cable manufacturing company, is around Rs 2,700 crore, a top official of the firm said here today.
“Our present order book is around Rs 2700 crore, including Rs 200 crore export order book and Rs 1,000 crore for supply of cables,” KEI CMD Anil Gupta told reporters here.
He said the company is also engaged in execution of turnkey projects, mostly underground cabling ones. “We are doing the forward integration by executing the cabling projects,” he said.
The company registered a growth of 25 per cent CAGR (compound annual growth rate) in the last three years. The focus of the company is to grow the exports to Rs 1,000 crore in the next three years, Gupta said.
The company has recorded sales of around Rs 2700 crore last year. “We are exporting to 25 countries to the extent of Rs 500 crore of cables annually,” he said.
Presently, the company’s three factories, including two at Bhiwadi and one at Silvasa, are operating, he said, adding that by end of June this year another manufacturing facility with an investment of Rs 120 crore will come up at Bhiwadi.
KEI manufactures high and low tension cables (EHV, HT and LT), control and instrumentation cables, house wires, power cables, stainless steel wires, and electrical cables.
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