Belden unveils ₹110 cr investment in Chakan unit

    Belden
    Belden, a US based player of global repute engaged in the manufacturing of industrial cable and building automation segment, will commence its second phase of expansion at the Chakan plant near Pune involving an additional investment worth ₹110 crore as the company has already invested about ₹140 crore in the first phase that was completed recently. As a matter of fact, the company is investing a total of ₹250 crore at Chakan, where it is setting up its first manufacturing plant in the country. This phase of investments will be completed by 2019, and by then this plant is expected to have a total output of about ₹150 crore. After the second phase of investment revenues likely to be to tune of ₹450-500 crore, said managing director, Asia Pacific Belden, Ashish Chand. At the unit, the company will manufacture all its products such as cables for industrial and building automation, Ethernet switches, optical fibre, copper connectivity and broadband products among others.
    CURRENTLY ONLINE
    We have 374 guests and one member online

    NBM&CW

    New Building Material & Construction World

    New Building Material & Construction World
    MGS Architecture

    Modern Green Structures & Architecture

    Modern Green Structures & Architecture
    L&ST

    Lifting & Specialized Transport

    Lifting & Specialized Transport
    II&TW

    Indian Infrastructure & Tenders Week

    Indian Infrastructure & Tenders Week