Deals20 Sept 2024, 07:05 pm
Relicab Cable Manufacturing Ltd. Dispatches First Export Order of Wires and Cables to Malawi, Mozambique
AI Summary
Relicab Cable Manufacturing Ltd., a 'Make in India' manufacturing company, has successfully dispatched its first commercial export order of wires and cables to Malawi, Mozambique. The order, valued at US$ 1,17,596, marks a significant milestone in the company's global growth strategy. The company's recent acquisition of a neighbouring manufacturing unit in Daman has significantly enhanced its production capacity, enabling it to meet the increasing requirements of international markets. The managing director, Mr. Suhir Hiralal Shah, expressed his delight about the development and the company's intentions to venture into high growth sectors and untapped geographies requiring wire and cables.
Key Highlights
- Relicab Cable Manufacturing Ltd. dispatches its first commercial export order of wires and cables to Malawi, Mozambique.
- The order is valued at US$ 1,17,596, marking a significant milestone in the company's global growth strategy.
- The company's production capacity has been enhanced following the acquisition of a neighbouring manufacturing unit in Daman.
- The managing director, Mr. Suhir Hiralal Shah, expressed his delight about the development.
- Relicab Cable Manufacturing Ltd. intends to venture into high growth sectors and untapped geographies requiring wire and cables.