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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CMI to grow at a CAGR of 50% in the next 4-5 years

The demand for cables and wires has been increasing consistently from each and every segment, says AMIT JAIN, Managing Director, CMI

The last four years has been exciting for the wires & cables and switchgears industry with a slew of initiatives taken for the power, telecom, railways and other industries. How has CMI performed in the last four years and what sets it apart from your peers?

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