WCA November 2023

India Insight

Sector conductor dies to draw aluminium and copper strands India-based Ajex & Turner Wire to enable them to be both efficient and durable.

or by a process that uses a standing machine to bunch layers of trapezoid wire. In the production of dies and extrusion tooling, the company uses artificial intelligence to calculate the hot and cold majoring values, taking into account the shrinkage of tooling and predicting how the final product will look.

Technologies has operated in the wire and cable industries since 1962. The company’s TW/sector conductor dies in PCD, VNT nano or carbide are used to draw aluminium strands to a range of ASTM standards approved by most of the power grid corporations around the world. The company states that TW dies are designed to ensure accurate quality parameters to obtain aluminium strands that are shaped to provide a smooth outer surface to meet applicable ASTM standards. The dies are made from high-quality VNT nano, PCD and carbide raw materials India is set to register the highest polyvinyl chloride capacity additions in Asia, contributing around 49 per cent of the region’s capacity additions by 2027, according to data and analytics company GlobalData. In a report titled ‘Polyvinyl chloride industry installed capacity and capital expenditure (capex) forecast by region and countries including details of all active plants, planned and announced projects, 2023-2027’, GlobalData reveals that India leads with the largest capacity additions, with a capacity of 3.79mn tonnes per annum (MTPA) from

For different diameter conductors, Ajex & Turner’s trapezoidal-shape dies can be enlarged to provide a greater cross sectional area of aluminium to match the diameter of the conventional round conductor. Trapezoid dies are created either by a standard process using an RBD machine

Ajex & Turner also produces sector rollers and compacting rollers from 25 to 400mm 2 in 60°, 90° or 120°, or to customer requirements. Ajex & Turner Wire Technologies Pvt Ltd www.ajexturner.com India to dominate polyvinyl chloride capacity additions Complete conductor with trapezoidal strands

Reliance Industries Dahej PVC Plant 2, a planned project, follows with the second highest capacity addition of 1.2 MTPA. This plant is expected to commence operations by 2026. Chemplast Sanmar Cuddalore PVC plant, another planned project, is the third highest contributor in terms of capacity additions in the country, accounting for a capacity of 0.3 MTPA, and is expected to commence production of polyvinyl chloride in 2023. GlobalData www.globaldata.com

six planned and announced projects. Increased application of polyvinyl chloride in the construction, agriculture and packaging industries is expected to result in a growth in demand for polyvinyl chloride in India. Nivedita Roy, oil and gas analyst at GlobalData, commented, “In India, the main capacity addition will be from a planned project, Mundra Petrochem Mundra PVC plant, with a capacity of two MTPA. “It is expected to commence production of polyvinyl chloride in 2026.”

RR Kabel reports strong Q2 and H1 FY24 performance Indian wire and cable company RR Kabel Ltd, which has a strong presence in fast-moving electrical goods (FMEG), has announced its unaudited financial results for the quarter ended 30 September 2023. demonstrating growth of over 100 per cent on the back of margin expansion. has been achieved through a steadfast commitment to deliver products of the highest quality while ensuring the utmost safety for our customers.” RR Kabel Ltd www.rrkabel.com

Revenue from the FMEG segment registered a growth of around 20 per cent in H1 FY24 over H1 FY23 on the back of the product mix and an increase in contribution from HEB, which was acquired in 2022. Commenting on the results, Shreegopal Kabra, MD, said, “Throughout the past six months, RR Kabel has demonstrated a promising performance, marked by strong growth in our sales volume. This has been underpinned by the thriving real-estate sector, robust infrastructure development and a flourishing export market. It is equally essential to recognise that this success

Revenue from operations was Rs 1,609.7 crores – an increase of 17.7 per cent, while EBITDA was Rs 121.1 crores (up 92.7 per cent), with a profit before tax (PBT) of Rs 105 crores (+120.1 per cent) and profit after tax (PAT) of Rs 74.1 crores (+111.7 per cent). Revenue from the wire and cable segment registered around 24 per cent growth in H1 FY24 compared to H1 FY23. EBIT from the same segment doubled, from Rs 126 cr to Rs 258 cr,

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November 2023