₹1050 Crore Investment: Fueling RR Kabel's Expansion

RR Kabel has charted an ambitious three-year growth roadmap under its strategic initiative, Project R Rise. The plan targets an 18% compound annual growth rate (CAGR) in its core wires and cables segment, with export volumes expected to increase by 1.8 times and overall manufacturing capacity projected to expand by 1.7 times.

As part of this expansion, the company will augment production capacity at its Waghodia facility in Gujarat by 36,000 metric tonnes (MT). This phased enhancement, scheduled for completion by March 2028, involves a capital investment of ₹1,050 crore, to be financed through a mix of internal accruals and debt. This comes in addition to a previously announced 12,000 MT capacity increase at the same site, targeted for completion by March 2026.

Further capacity expansion is also planned at RR Kabel's upcoming units in Silvassa and Daman & Diu. At Silvassa, a 6,000 MT capacity addition is set to be rolled out in phases by December 2026.

The company’s fast-moving electrical goods (FMEG) segment is also poised for strong growth, with an anticipated CAGR of 25% over the same three-year period.

By capitalizing on both rising domestic demand and growing export opportunities, RR Kabel’s capital-intensive strategy underscores its commitment to strengthening market leadership and enhancing its global presence in the wires and cables industry.

News by Rahul Yelligetti.