CMI acquires General Cables Energy

NEW DELHI: Cable manufacturing company CMI completed the acquisition of General Cables Energy (GCE), a fully-owned subsidiary of General Cable Corporation (GCC), a Fortune 500 company. GCE with its facility located at Baddi, in Himachal Pradesh, will now become a wholly-owned subsidiary of CMI. A total outlay of Rs 150 Crore has been earmarked for the project, which will be financed by a mix of Debt and Equity. "CMI has also inherited GCC's international processes and system

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The World of CMI

Cmi Group of companies is the leading manufacture of various type of cables that meet requirment of a wide spectrum of client. lt has in-house R & D center and producttion facility, spreading over an area of 1,00,000sq meters, the manufacturing until is well equipped to develop cables adhering to both domestic and international specifications.

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