Shimla: Cable manufacturer CMI Ltd., which began production at its new facility in Himachal Pradesh, on Monday said it has tied up an supply agreement with the Indian Railways.
The total business from the supply of the cables to railways would be Rs.1,000 to Rs.1,500 crore per annum.
“Indian Railways is one of our biggest customers. We will supply the entire range of signalling, telecom, quad cables, indoor signalling and wires for high-voltage traction on electrified tracks,” said a company statement quoting company’s Managing Director Amit Jain.
CMI Ltd, the BSE listed cables manufacturer, this month announced beginning of production at its new facility in Baddi here. The facility is part of the recently-acquired General Cable Energy Private Ltd from General Cable Corporation.
CMI was incorporated in 1967. CMI (Originally known as Choudhari Metal Industries) was engaged in Copper Metal Trade and Copper melting and rod casting. CMI’ founding father is Late Shantilal Choudhari. From Copper it diversified to cables. The factory started manufacturing PVC Switch Board Cables, Control Cables, Screened Cables, FRLS Cables, and Data Transmission Cables etc. since 1980.
In addition to above, the factory started manufacturing of Polythylene Insulated Jelly Filled Telephone Cables, since 1986 and was supplying Cables to various customers including DoT (Aerial Cables, Drop Wire, and Switch Board Cables etc)’ Defence, Railways and other projects both in private and public sectors. The Jelly Filled Telephone Cable was added in the product range during the year 1993.
CMI LTD has one unit now at Plot No. 71 & 82, Sector-6, which has production facilities for high quality of JFTC, PVC, Rubber & PTFE Cables with all the infrastructure required for measuring the quality parameters.
CMI is an ISO 9001 Company enjoying the goodwill of the market and customer. The ISO Certificate was awarded in the year 1998-1999