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Ram Ratna Wires to invest Rs 200 cr to set up a new plant

Ram Ratna Wires Limited (“the Company”) plans to set up a new manufacturing facility / plant at Salarpur Industrial Area, Bhiwadi, Distt – Alwar, Rajasthan for new line of business for production of ; i). Printed Circuit Board (PCB); ii) PCB Laminates and iii). Copper and Copper Alloy – Foil, Bus Bars and related products.

With the growing demand for electronic goods and considering that PCBs and related products are used in most of the electronic products, and with the initiative and encouragement of the Government of India through various incentive schemes, the Company would like to avail the benefits arising from the growing demands of the proposed new products and it will also help as an import substitute.

The Company will be investing approximately Rs. 200 Crores over a period of 5 years or such other amount as may be amended by the Board of Directors from time to time.

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