Business Update2 Jul 2024, 11:48 pm
CALCOM VISION LTD. Ties Up with POLYCAB INDIA LIMITED for LED Products Supply
AI Summary
CALCOM VISION LTD. has entered into a partnership with POLYCAB INDIA LIMITED, a leading manufacturer of wires and cables in India and a significant player in the Fast Moving Electrical Goods (FMEG) sector with around 24% market share. The tie-up, which involves the supply of all types of LED products, is expected to result in mutual growth for both companies. The first order from Polycab to Calcom Vision Ltd. is for certain lighting products, with the initial order being worth over Rs. 25 Lacs. Further supplies are expected to grow to over Rs. 22 to 24 Cr per annum.
Key Highlights
- CALCOM VISION LTD. has tied up with POLYCAB INDIA LIMITED for the supply of all types of LED products.
- Polycab is a leading manufacturer of wires and cables in India and a significant player in the FMEG sector with a 24% market share.
- The first order from Polycab to Calcom Vision Ltd. is for certain lighting products, with the initial order being worth over Rs. 25 Lacs.
- The partnership is expected to result in mutual growth for both companies.
- Further supplies from Calcom Vision Ltd. to Polycab are expected to grow to over Rs. 22 to 24 Cr per annum.