# Finolex Cables invests Rs 200 crore to expand Urse plant capacity

Finolex Cables announced a Rs 200 crore capex to expand manufacturing capacity at its Urse plant near Pune, focusing on solar cables using radiation technology.

- Type: Expansion
- Announced: 2023-04-19
- Where: Urse, near Pune, India
- Value: $24.4M (2.00B INR)
- Status: announced
- Products: solar cables, electrical cables, telecom cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Finolex Cables](https://endata.com/companies/69824.md)

## Sources

- [telecom.economictimes.indiatimes.com](https://telecom.economictimes.indiatimes.com/news/telecom-equipment/finolex-cables-to-invest-rs-200-cr-to-add-capacity/99611037), 2023-04-19: "Finolex Cables, a leading manufacturer of electrical and telecommunication cables, on Wednesday announced a Rs 200-crore capex to expand its manufacturing capacity this fiscal."
- [business-standard.com](https://www.business-standard.com/companies/news/finolex-cables-to-invest-rs-200-cr-to-expand-manufacturing-capacity-this-yr-123041900549_1.html), 2023-04-19: "Finolex Cables, a leading manufacturer of electrical and telecommunication cables, on Wednesday announced a Rs 200-crore capex to expand its manufacturing capacity this fiscal."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.