# Diamond Power Infrastructures to acquire machinery for copper wire entry

Diamond Power Infrastructures Ltd board approved acquisition of machinery from four entities for Rs.49.74 crore to support entry into copper wires and cables production.

- Type: Investment
- Announced: 2024-12-11
- Where: Savli, Gujarat, India
- Value: $5.90M (497.4M INR)
- Status: announced
- Products: copper wires and cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Diamond Power Infrastructures Ltd](https://endata.com/companies/81693.md)
- [Syska Mitter Pvt Ltd](https://endata.com/companies/81694.md) (supplier)
- [Miter & Miter Engineers Pvt Ltd](https://endata.com/companies/81695.md) (supplier)
- [Emdet Engineers Pvt Ltd](https://endata.com/companies/81696.md) (supplier)
- [Miter & Miter](https://endata.com/companies/81697.md) (supplier)

## Sources

- [tndindia.com](https://www.tndindia.com/diamond-power-board-approves-acquisition-of-machinery-to-support-diversification/), 2024-12-11: "The object of the acquisition was to support the company’s entry into copper wires and cables."

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