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V-Guard to venture into cable manufacturing


V-Guard, the Coimbatore based stabilizer manufacturer is venturing into cable manufacturing by setting up two plants in Uttaranchal and Coimbatore. The plants will manufacture aluminium cables and copper cables with PVC and XLPE insulated cables. The plants have a capacity to process 3000 tonnes of aluminium and 300 tonnes of copper. It aims to garner business to the tune of Rs.2000 million in its first year of operations. The company also finds strength in its wide distribution network of electrical goods, consumer goods like water heater etc.,

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