Delton Cables Limited a leading manufacturer of cables and wires, has taken a significant step toward expanding its operations by leasing a 59,825 square meter property in Palwal, Haryana. The company plans to invest approximately ₹10 crore to set up a new manufacturing plant dedicated to producing telecom products. This move is aimed at meeting the growing demand from the telecom sector, with the facility expected to be operational by March 2025.
Key Highlights of the Expansion
- New Manufacturing Plant: The upcoming facility in Palwal will focus on producing a wide range of telecom products, including:
- Telephone cables
- CAT cables
- Fiber patch cords
- Face plates
- Optical fiber cables
- Investment: Delton Cables will invest ₹10 crore to establish the plant, reflecting its commitment to strengthening its presence in the telecom sector.
- Completion Timeline: The plant is expected to be completed by March 2025, aligning with the company’s growth strategy.
Driving Growth in the Telecom Sector
The expansion comes at a time when the telecom sector is experiencing rapid growth, driven by increasing demand for high-speed internet, 5G rollout, and digital transformation initiatives. Delton Cables’ new plant will play a crucial role in supporting this growth by providing high-quality telecom infrastructure products.
Strong Financial Performance
Delton Cables recently announced its Q3 FY-25 financial results showcasing impressive growth. The company reported a 72% year-on-year (YoY) increase in revenue, underscoring its strong market position and operational efficiency. This financial performance provides a solid foundation for the company’s expansion plans.
Expanding Product Portfolio
Delton Cables has a diverse portfolio of telecom products, including:
- Telephone Cables: Essential for voice communication networks.
- CAT Cables: Used for high-speed data transmission in networking applications.
- Fiber Patch Cords: Critical for connecting optical fiber cables in data centers and telecom networks.
- Face Plates: Used for organizing and connecting cables in networking setups.
- Optical Fiber Cables: Key to high-speed internet and data transmission.
The new plant will enhance the company’s production capacity, enabling it to cater to the increasing demand for these products.
Strategic Location in Palwal, Haryana
Palwal, Haryana, is a strategic location for the new plant due to its proximity to key markets and robust infrastructure. The region’s industrial ecosystem and connectivity will support Delton Cables’ operations and distribution network.
Looking Ahead
Delton Cables’ expansion into telecom product manufacturing marks a significant milestone in its growth journey. By investing in state-of-the-art facilities and leveraging its expertise in cable manufacturing, the company is well-positioned to capitalize on the opportunities in the telecom sector.
As the telecom industry continues to evolve, Delton Cables’ new plant will play a vital role in supporting the infrastructure needs of a digitally connected India.
