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Jainik Power Cables acquired a 54-wire high-speed rigid stranding machine to expand conductor manufacturing. Management cites up to ₹250 crore in additional annual revenue potential from the new line.
Jainik Power Cables Limited secured vendor registration approval from Uttar Gujarat Vij Company Limited. This enables the company to participate in power distribution tenders for five years.
Jainik Power Cables received vendor approvals from MSEDCL to supply conductors and cables, enhancing its market presence in Maharashtra's power infrastructure sector.