Cable Corporation Of India Ltd

About the Company :

Cable Corporation of India Limited (CCIL) was incorporated on 1st November 1957. It began commercial production of electrical cables and wires in February 1960 at its factory in Borivali, Mumbai. The company had been initially promoted by two industrial houses, Khataus and Thackerseys, and two foreign companies, Siemens AG (Germany) and Guilleaumne AG (Germany). The company acquired the technological collaboration from Siemens AG and was amongst the first players to manufacture PVC insulated cables in India.

The company currently manufactures LT cables (upto 3.3 KV), HT cables (11 KV to 33 KV) and EHV cables (66 KV to 230 KV) through manufacturing facilities located at Nashik. The company has also entered into a Joint Development Agreement (JDA) with CCI Projects Pvt Ltd (CPPL), in which CCIL has about 15% equity stake, to develop a residential complex on its existing land at Borivali (Maharashtra). The project comprises of about 25 lakh sq ft residential area and 10 lakh sq ft commercial area of which CCIL will have stake in the revenues pertaining to 15 lakh sq ft residential area.