Siddhi Electrotech Cables Pvt. Ltd. is embarking on a significant venture with its Electronics Wires & Cables Unit Project in Patalganga, Mumbai Suburban district, Maharashtra. While specific project details are scarce, the company's established background in manufacturing electronic wires and cables suggests a focused expansion or a new facility dedicated to this sector.
The project, with an estimated cost of ₹102 crores, underscores Siddhi Electrotech's commitment to enhancing its production capacity or diversifying its product offerings in the electronic wires and cables segment.
Potential products from this unit could include a wide range of electronic wires and cables catering to various applications such as flexible wires, hook-up wires, shielded and unshielded cables, coaxial cables, telephone wires, and CCTV camera cables.
This strategic move aligns with the growing demand for electronic components in India's expanding technology and electronics sectors, positioning Siddhi Electrotech to capitalize on emerging opportunities in the market.
As the project progresses, Siddhi Electrotech's endeavor is poised to contribute to the local economy of Patalganga, generating employment opportunities and fostering economic growth in the region.
News by Rahul Yelligetti