# Neelkanth Cables inaugurates AED 130M cable factory in Dubai Industrial City

Neelkanth Cables inaugurated a new manufacturing facility at Dubai Industrial City, representing an investment of AED 130 million, spanning 503,000 sq.ft. and accommodating 200 employees.

- Type: New facility
- Announced: 2024-05-23
- Where: Dubai Industrial City, Dubai, UAE, United Arab Emirates
- Value: $35.4M (130.0M AED)
- Jobs: 200
- Starts operating: 23 May 2024
- Status: completed
- Products: cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Neelkanth Cables](https://endata.com/companies/77603.md)

## Sources

- [tecomgroup.ae](https://tecomgroup.ae/press-release/neelkanth-cables-targets-global-expansion-with-new-aed-130-million-manufacturing-facility-at-di), 2024-05-23: "Neelkanth Cables has inaugurated its state-of-the-art manufacturing facility at TECOM Group's Dubai Industrial City."

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