Print & Web Media
CMI Limited: Expecting Exponential Growth
“A scheme called Mission 41K was proposed by Ministry of Railways in the year 2017. This scheme aimed at electrification of up to 90 percent railway tracks in the country within next 6-7 years. As a result, the railway sector has been booming in India and demand for railway cables has gone up to a new level, For example; about 60,000 kms consumption in 2016-2017 has gone up to about 150,000 kms in 2018-2019. It is expected to go up further annually.” says Munishvar Gaur, Group President, CMI Limited, in an interview given to Wire & Cable India.
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?
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)”CMI has also inherited GCC’s international processes and system
Gutsy Connector
Fastest Growing Companies-2018
CMI’s bold risks have ensured that its growth story has kept up with time. With the acquisition of General Cable’s Baddi plant, it is now going after the big boys
CMI gets production clearance for Rs 79 cr from BHEL for their overseas project
Baddi, Himachal Pradesh
CMI has received production clearance for BHEL export order for their Overseas Project to supply of LT XLPEand HT XPLE cables to a tune of Rs79 crore, to be executed in next 4 months time from its plant located at Baddi- Himachal Pradesh.
