RR Kabel ₹1,000 Crore Expansion Plan Strengthens India Operations
RR Kabel, one of India’s top cable and wire manufacturers, launched its ₹1,000 crore expansion plan to grow production and strengthen domestic operations. Reported by The Times of India, the investment will expand facilities in Vadodara and Silvassa while creating new plants to meet rising demand.
Group President and Managing Director Shreegopal Kabra said the plan focuses on steady, long-term growth. The company will invest ₹650 crore in wire and cable manufacturing, ₹200 crore in lighting and fan production, and the remaining funds in switchgear manufacturing.
RR Kabel ₹1,000 Crore Expansion Plan Creates New Jobs Nationwide
RR Kabel’s investment will also generate thousands of new jobs. The company currently employs about 5,000 people and expects to hire 2,500 more within the next three years. As operations scale up, RR Kabel plans to reach a total of 10,000 employees in the near future.
Additionally, the company recently opened a new plant in Waghodia, dedicated to producing a complete range of switch products. RR Kabel also plans to increase the number of women employees from 9% to 25% over the next five years, encouraging diversity and inclusion across all departments.
Strengthening Global Reach and Consumer Portfolio
Today, RR Kabel records an annual turnover of ₹9,000 crore, with 27% of its production exported worldwide. To further expand its business, the company recently acquired the Luminous Home Electrical business from Schneider Electric. This acquisition strengthens its position in the consumer electrical market and supports its long-term growth strategy.
“This deal reinforces our expanding consumer electrical business,” the company said in a statement. The transaction is set to complete by May 2022, marking another milestone in RR Kabel’s growth journey.
Established in 1986, RR Kabel is the flagship company of RR Global. Through continuous innovation and sustainable practices, it remains one of India’s most trusted brands in the electrical manufacturing sector.