Positive impactCompany
Praneetha EcoCables plans to start solar wire manufacturing in Oct
BusinessLine 47 min ago·24 Sept 2026, 8:48 am
Praneetha EcoCables has announced the commercial launch of its new greenfield manufacturing facility. The company began operations on September 20 by dispatching its first batch of bare copper wire, with the goal of starting solar wire production by October.
This move is significant for investors as it diversifies the company's product portfolio beyond standard cables. Solar wire manufacturing is a growing segment in the renewable energy sector, which could help the company tap into new demand and improve its long-term growth prospects.
Investors should monitor the company's production capacity and the volume of orders it secures for these new solar wires. Tracking the company's ability to scale this new business line will be key to understanding its future performance.
Excerpt from BusinessLine
Gujarat-based wires and cable manufacturer Praneetha EcoCables Ltd plans to commence production of solar cables at its Sanand facility from October, the company said on Wednesday. The company said it has started commercial production at the greenfield manufacturing facility and dispatched the first batch of bare…Read the original at BusinessLine
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