CMI mulling to enter into alliance with Semi-Conductors manufacturers

CMI has received consent for exploring the opportunity to enter into an alliance with prospective manufacturers of Semi-Conductors in order to lease the Baddi Plant of the Company which was acquired from a fortune 500 US based Company  General Cables in February 2016 and made it operational in September 2016, in consequent to the approval of scheme of Government of Rs 76,000 crore to boost semiconductor and display manufacturing in the country in an bid to position India as a global hub for hi-tech production, and attract large chip makers, which would promote India’s ambitions to be self-reliant in electronics manufacturing and bring massive investments. Under this scheme, India will set up more than 20 semiconductor design, components manufacturing and display fabrication (fab) units over the next six years.

The company’s Baddi plant is a state of art technology plant facility having huge capacity to manufacture LT, HT and EHV Cables up to 132 KVA. The manufacturing facility is spread over an area of 80,000 sq meters. Plant is designed to reduce waste, pollution, and environmental degradation with an energy efficiency of 20-30% as compared to other plants of similar size. Moreover it is the only silver certified green project in India to manufacture cables.

CMI is engaged in the manufacturing of quality and value engineered cable products to meet the requirement of a wide range of customers.

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